RBS split an option but would be a slow process - Treasury

LONDON (Reuters) - Chancellor of the Exchequer George Osborne said on Tuesday that any split of the partly state-owned Royal Bank of Scotland would be a slow process.

"While of course we can discuss the merits and demerits of a good bank-bad bank split, I don't think it could be very swiftly delivered," he told British lawmakers during a hearing.

A finance ministry official appearing alongside Osborne added: "Obviously this is an option."

(Reporting by William Schomberg and Olesya Dmitracova)