Her flagship venue, The Willow Tearooms, became part of Scotland’s design heritage due to an interior created by Charles Rennie Mackintosh. The tearooms made a cultural impact by offering venues where women could enter unchaperoned. Following her death in 1934, some of her estate was left to support the poor and the homeless in the city.
Malcolm Buchanan, Chairman of Scotland Board, Royal Bank of Scotland, said: “As a bank we celebrate entrepreneurialism and creating opportunity, and Catherine Cranston embodies that spirit. Catherine will follow Nan Shepherd and Mary Somerville in gracing notes fit for a modern age and one that will serve customers across Scotland for years to come.”
The new £20 note, which will also be made of polymer, is expected to enter circulation in 2020. Royal Bank of Scotland has been issuing banknotes since 1727 and has an average of £1.5bn worth of notes in circulation on a single day.