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RBS launches structured retail product in Germany

The Royal Bank of Scotland (RBS) has announced the launch of its first public structured retail product in Germany. The RBS Dividenden Outperformance Zertifikat is a three-year capital-guaranteed certificate that offers growth linked to the out-performance of the DJEurostoxx50 by the dividend-based DJEurostoxxSD30. The product is targeted at investors anticipating bearish or benign markets.

"This marks another milestone in the roll-out of our ambitions for the structured investor products business in Europe," says Robert Begbie, London-based head of structured investor products at RBS. The product is the first of a number that RBS will be launching as it looks to build presence in the German market, he adds.

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