CALCULATION OF REGISTRATION FEE

Title of Each Class of Securities Offered
Maximum Aggregate Offering Price
Amount of Registration Fee (1)
Notes
$12,211,000.00
$1,399.38
 
 
Filed under Rule 424(b)(5), Registration Statement No. 333-162219
Final Pricing Supplement No. 3 dated January 30, 2012 (to: Prospectus dated September 30, 2009 and Prospectus Supplement dated November 21, 2011)
 
 
 
CUSIP / ISIN Number
Aggregate Principal Amount
Price to Public
Selling Commission
Net Proceeds
Coupon Type
Coupon Rate
Coupon Frequency
Maturity Date
1st Coupon Date
1st Coupon Amount
Survivor's Option
Product Ranking
 
 
78012DAC7 /
US78012DAC74
$12,211,000.00
100.00%
1.075%
$12,079,731.75
FIXED
4.25%
per annum
MONTHLY
02/15/2015
03/15/2012
$5.08
NO
SENIOR
 
                             
                             
                             
 
Redemption Information: Non-Callable/Non-Puttable
               
                   
 
Lead Manager and Lead Agent: RBS Securities Inc.
               
                             
                             
                             
                             
                             
                             
                             
                             
                             
The Royal Bank of Scotland Group plc
Offering Dates: 01/23/2012 through 01/30/2012
Trade Date: 01/30/2012 @ 12:00 P.M. ET
Settlement Date: 02/02/2012
Minimum Denomination/Increments: $1,000.00/$1,000.00
Initial trades settle flat and clear SDFS: DTC Book-Entry only
DTC Number 2230 via RBS Securities Inc.
 
If the maturity date or an interest payment date for any note is not a business day (as that term is defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.
 
The notes will be treated as fixed rate debt instruments for U.S. federal income tax purposes.
 
Davis Polk & Wardwell LLP, New York, New York, will pass upon the validity of the notes and will rely as to all matters of Scots law on the opinion of Dundas & Wilson CS LLP, Edinburgh, Scotland.
The Royal Bank of Scotland Group plc
Retail Corporate Notes
Prospectus dated September 30, 2009
and Prospectus Supplement dated
November 21, 2011