CALCULATION OF REGISTRATION FEE
 
Title of Each Class of Securities Offered
Maximum Aggregate Offering Price
Amount of Registration Fee (1)
Notes
$6,578,000.00
$753.84
(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933.

Filed under Rule 424(b)(5), Registration Statement No. 333-162219
Final Pricing Supplement No. 15 dated August 27, 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
  
 
78012DAQ6 /
US78012DAQ60
$6,578,000
100.00%
1.70%
$6,466,174
FIXED
4.20%
per annum
MONTHLY
08/15/2019
09/15/2012
$1.75
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: 08/20/2012 through 08/27/2012
Trade Date: 08/27/2012
Settlement Date: 08/30/2012
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.
 
Intended to be listed on the Channel Islands Stock Exchange.
 
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