CALCULATION OF REGISTRATION FEE
| Title of Each Class of Securities Offered | Maximum Aggregate Offering Price | Amount of Registration Fee (1) |
| Notes | $5,453,000.00 | $743.79 |
(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933.
Filed under Rule 424(b)(5), Registration Statement No. 333-184147
Final Pricing Supplement No. 25 dated November 13, 2012 (to: Prospectus dated September 28, 2012 and Prospectus Supplement dated September 28, 2012)
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| | 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 | |
| | 78012DBA0 / US78012DBA00 | $5,453,000 | 100.00% | 2.05% | $5,341,213.50 | FIXED | 3.50% per annum | MONTHLY | 11/15/2022 | 12/15/2012 | $2.14 | NO | SENIOR | |
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| | Redemption Information: Non-Callable/Non-Puttable | | | | | | | | |
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| | Lead Manager and Lead Agent: RBS Securities Inc. | | | | | | | | |
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| Offering Dates: 11/13/2012 through 11/19/2012 Trade Date: 11/19/2012 Settlement Date: 11/23/2012 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. | The Royal Bank of Scotland Group plc Retail Corporate Notes Prospectus dated September 28, 2012 and Prospectus Supplement dated September 28, 2012 |
| The Royal Bank of Scotland Group plc | 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 has confirmed its opinion as to the legality of the notes offered by this pricing supplement as set forth under “Validity of the Notes” in the prospectus supplement dated September 28, 2012, subject to the customary assumptions set forth in the opinion of such counsel dated November 20, 2012 filed as an exhibit to a report on form 6-K by the Company on such date. | |
