The UK Government’s trading plan to sell part of its shareholding in Royal Bank of Scotland owner NatWest has been extended for another 12 months. A trading plan involves selling shares in the market through an appointed broker in an orderly way at market prices over the duration of the plan.
Natwest
Boutique hotel brand Resident Hotels has secured a £22 million loan with NatWest for the development of its first Edinburgh location.
The Royal Bank of Scotland has announced a package of support for farmers in an effort to help the sector deal with rising costs. The bank, which is owned by NatWest, will offer capital repayment holidays to farmers, as well as increases to overdrafts.
Royal Bank of Scotland-owner NatWest Group has signed agreements with TrueLayer, GoCardless and Crezco to offer Variable Recurring Payments (VRP) as a new payment option for businesses and consumers. The announcement means that NatWest Group will be the first UK bank to go beyond the requirement for
NatWest Group has posted its first-quarter results, revealing operating profits before tax of £1.24 billion, compared to the £885m reported in the first quarter of 2021. The bank also announced a £38m impairment release, compared to a £98 release in the same period of 2021.
Caledonia Housing Association has secured a uniquely structured £75 million Private Placement, with support from NatWest, to further its commitment to both building sustainable housing and becoming a carbon-neutral organisation. Caledonia intends to use the proceeds from the transaction to con
Royal Bank of Scotland-owner NatWest Group has announced a £1.2 billion directed buyback of 550 million shares from HM Treasury. The banking giant has agreed with the Treasury to make an off-market purchase of 549,851,147 ordinary shares in the company with a nominal value of £1 each at
Royal Bank of Scotland owner NatWest Group has informed its shareholders they will have the opportunity to have a Say on Climate at its AGM next month through the bank’s first climate resolution. The bank is asking its shareholders to give their support to its strategic direction on climate ch
A total of 87% of UK SMEs are unaware of their business’s total carbon emissions, despite good intentions, with almost half (45%) of UK SMEs recognising it is important to lower their emissions in the near future, according to new research published by NatWest. These stark statistics follow Na
NatWest Group, the owners of Royal Bank of Scotland (RBS), is set to reinstate bonuses for its CEO and finance director for the first time since the financial crisis. The banking group's board has concluded that "now is the appropriate time for NatWest Group to transition to a more market-standard r
NatWest Group has reported an operating profit of £4 billion in 2021. This is a substantial increase from the loss of £351 million in 2020. Across the whole banking group, the operating profit reached £4.3bn.
NatWest has announced a major new partnership intended to further its efforts to help young people to thrive and reach their goals sooner. NatWest and Marcus Rashford are working together to co-create a programme designed to support young people in communities across the UK to learn about and develo
Royal Bank of Scotland, under the NatWest Group, has today announced it is launching green loans, and through Lombard, green asset finance propositions for qualifying SMEs, with no arrangement fee, to help them achieve their sustainability ambitions. Following the announcement of the group’s a
NatWest Group has appointed Raghu Narula as managing director, customer engagement & distribution, within its retail banking division. Mr Narula brings a wealth of leadership experience from a career spanning over 20 years at HSBC in Retail, Wealth Management, Commercial Banking and Strategy and
NatWest has been fined £264.8 million following convictions for three offences of failing to comply with money laundering regulations. Mrs Justice Cockerill, the sentencing judge at Southwark Crown Court, yesterday said: “….it must be borne in mind that although in no way complici