The prestigious Hollis awards bring together some of the world's biggest companies to celebrate all aspects of the sponsorship industry. At the ceremony, hosted by the BBC's Rob Bonnet, RBS won the Corporate Sponsorship award, ahead of Equifax, GE Capital and Lloyds' London 2012 Olympics entries.
It's not the first time the bank's long running relationship with The Princes Trust has been celebrated. Last year, the bank won five awards including the Grand Prix for Best Corporate Partnership at the Corporate Engagement Awards.
This latest award sought to recognise the way in which a sponsorship has helped a business organisation reach out to business, public sector or governmental stakeholders, and the way in which it has changed the company's relationship with employees.