The full figures from the Royal Bank of Scotland reveal a pre-tax loss in 2012 of £5.16 billion.
The bailed out bank also announced an operating profit of £3.46 billion, up from £1.82 billion in 2011.
More top news
The Queen was in reflective mood this Christmas, choosing reconciliation as her theme and taking a quite direct personal approach.
Quickly turning cold this evening with a widespread frost developing under clear skies, some fog patches too.
The Queen says she is "deeply touched" by the "selflessness" of medical staff fighting the Ebola outbreak in her annual Christmas speech.