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Last Updated: Wednesday, 18 May, 2005, 11:02 GMT 12:02 UK
Watchdog rejects bank's complaint
RBS branch
The Royal Bank of Scotland was supported by ad watchdogs
The Bank of Scotland (BoS) has had its complaint about a rival's claim dismissed by the Advertising Standards Authority.

It was unhappy about the Royal Bank of Scotland's boast that it was best for business customers.

BoS said the advert was misleading and that it had a poll showing larger firms with a turnover of more than £25m per year preferred its services.

But the authority has backed the claims of the Royal Bank.

RBS said it had based its advertising on a poll carried out last summer, which suggested more business customers were satisfied with its service than that of its competitor.

Bank of Scotland
The bank said it scrutinised rivals' adverts

Watchdogs rejected the BoS's complaint that the claim was misleading.

The ASA said in its judgement that - overall - a higher percentage of the firms polled were satisfied with the RBS than with the BoS.

A Bank of Scotland spokesman said: "We regularly scrutinise our competitors' advertising to check for accuracy.

"Where we see inconsistencies we investigate them. We were the first bank to introduce comparative advertising and it is important that we keep each other on our toes."




SEE ALSO:
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02 Mar 05 |  Business
RBS pumps up profits to near £7bn
24 Feb 05 |  Business
RBS backs off Abbey takeover bid
03 Aug 04 |  Business
Abbey shares receive HBOS boost
02 Aug 04 |  Business
RBS grows in US with $10.5bn buy
05 May 04 |  Business
Royal Bank staff protest over pay
29 Apr 04 |  Scotland


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