NatWest Group has launched a joint offering with green energy tech company Octopus Energy to help people and businesses go green, demonstrating the bank’s commitment to playing an active role in tackling climate change as part of its purpose-led strategy. The package is available to NatWest Gr
Natwest Group
NatWest Group has announced that it has entered into an agreement with Metro Bank to acquire a £3.0 billion portfolio of prime UK mortgages. The portfolio consists of owner occupied residential mortgages with a weighted average current loan to value of c.60%.
RBS owner NatWest Group has appointed James Close to head up its climate change agenda. James Close, who was director for climate change at the World Bank for four years until 2018, will join the bank in the new year from London Waste and Recycling Board, a partnership between the Mayor of London an
ProBonoSkills.com (PBS) has announced that it will collaborate with NatWest Group on a range of initiatives. In addition, Philip Hall, senior legal counsel in the outsourcing, technology and IP team, will join the PBS Advisory Board.
Royal Bank of Scotland, part of NatWest Group, has announced the launch of its first ever ‘Green Mortgage’ for customers. The new product will offer a preferential interest rate to new or existing customers who are purchasing an energy-efficient property.
Shire Housing Association has obtained a £10.5 million funding package from Royal Bank of Scotland to refinance existing debt, enable future expansion plans and enhance existing office and tenant facilities.
NatWest Group has announced that it will be cutting 550 jobs in branches across the UK and closing one of its remaining offices in London. The bank, formerly known as RBS, said the cuts would be made through voluntary redundancies and said that there would be no branch closures.
NatWest Group has allocated an extra £2.8 billion to cover potential losses from an increase in bad loans issued during the coronavirus crisis. The bank's interim results have revealed that NatWest has suffered an operating loss before tax of £770 million compared to the bank's £2.
NatWest Group has announced that Baroness Noakes DBE will step down as a non-executive director at close of business today. Morten Friis will succeed Baroness Noakes as chairman of the Group Board Risk Committee with effect from 1 August 2020.
NatWest Group's inaugural social bond has supported the creation of 6,900 jobs in some of the most deprived areas of the UK. The proceeds of the £642 million social bond are linked to an equivalent amount of the bank’s lending to SMEs in areas of high unemployment an
Natwest Group has announced that it will be investing £3 billion in social housing across the UK over the next three years. The funding will be used to support the construction of 20,000 homes.
NatWest Group, the owner of the Royal Bank of Scotland, has announced the appointment of David Lindberg as its new CEO of retail banking. Mr Lindberg joins from Westpac where he is currently chief executive of its consumer division.