The bank reported £16.2bn of gross new mortgage lending in 2011, no change from 2010 and represents an estimated 10% market share.
Properties which were more than three months in arrears, excluding repossessions and shortfalls post property sale, has remained broadly stable since late 2009 at 1.6%.
The number of properties repossessed in 2011 was 1,671, up 20% from 1,392 in 2010, while the mortgage impairment charge was £187m for 2011, an increase of 2% from 2010.
The 82% state-owned bank posted a pretax loss of £766m for 2011 compared with £399m in 2010.
Stephen Hester, chief executive officer at RBS, said his job was equivalent to defusing the “biggest time bomb in history”.
Since his appointment, Hester has shrunk the bank’s assets by more than £700bn and has cut more than 35,000 jobs.
RBS paid out £390m in bonuses for its investment bankers for 2011 down 58% from 2010 and represented an average bonus of £22,900 per banker.
Hester added: “I understand people’s anger and anxiety about inequalities in pay at a time when the economy is weak and many people are finding things tough.
“RBS alone cannot fix these wider issues if we are to achieve what is asked of us commercially. But we have led the way in changing how we pay our people.”
George Osborne, Chancellor of the Exchequer, supported the bank’s action on pay and said: “We have made clear that RBS should be a backmarker in the industry when it comes to pay, so it's right that bonuses at the investment bank are less than half what they were last year and less than a third of what they were in 2009.”
RBS took a sovereign-debt impairment of £1.1bn to write off Greek securities and said it “exceeded run-off targets” in its non-core businesses bringing forward some of its losses.
The bank also took £850m in loss due to compensation set aside for payment protection insurance.
