National Commercial Bank

Formed by a merger between the National Bank of Scotland and the Commercial Bank of Scotland, the National Commercial Bank of Scotland was a relatively short lived name in banking. Although being a dominant force in banking in the 1960s and having acquired the National Bank in London in 1966, the economic climate deteriorated with lending constraints, and the devaluation of sterling, making unfavourable banking conditions. It was against this background that the National Commercial Bank of Scotland merged with the Royal Bank of Scotland in 1969.