RBS chairman Sir Philip Hampton has said he expects the bank to return to the private sector in just over a year.
In a video statement on the RBS Group website, Sir Hampton said he expected the government to be in a position to start selling shares by the middle of 2014.
His remarks come as RBS announces a first quarter profit of £826 million, up from a loss of £1.5m in quarter one last year.
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TV favourite Cilla Black, who has died aged 72, gave viewers a "lorra, lorra laughs" during her long career.
Some rain in the north. Very warm sunshine in the south
Blind Date and Surprise Surprise star Cilla Black,72, has died, according to reports.