By Robb M. Stewart

MELBOURNE, Australia--British bank CYBG PLC (CYBG.LN) has made a non-binding offer for Royal Bank of Scotland Group PLC's (RBS.LN) Williams and Glyn operations.

CYBG, which was spun off by National Australia Bank Ltd. (NAB.AU) earlier this year and is listed in London and Sydney, said discussions with RBS are ongoing and there was no certainty a deal would be agreed.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

October 25, 2016 19:09 ET (23:09 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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