Natwest

NatWest Group has issued a €1 billion affordable housing social bond, the first of its kind by a UK bank. The issuance reinforces NatWest Group’s July 2020 commitment to provide £3bn of funding to the UK’s affordable housing sector by the end of 2022.

NatWest Group has posted its annual results delivering what chief executive Alison Rose has called a "resilient performance" despite the bank's impairment charge of £3.2 billion. For the year ended 31 December 2020, NatWest Group's operating profit before tax and the impairment charge was &pou

Royal Bank of Scotland owner NatWest Group is in talks to sell Adam & Co, one of its private banking subsidiaries. It has been reported that NatWest is working with Evercore, the investment bank, to help divest the majority of Adam & Co's operations.

Banking customers at the Royal Bank of Scotland are the least satisfied in the UK, a survey conducted by the Competition and Markets Authority (CMA) has found. Just 47% of customers who responded to the poll said that they would recommend the personal current account provider to family and friends.

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 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%.

NatWest has joined the growing number of UK lenders who have reintroduced 90% mortgages after many banks and buildings societies cut such offerings in the wake of COVID-19. At the beginning of the month, Bank of Scotland owner Lloyds Banking Group announced that it was reintroducing 10% deposit mort

A new survey from NatWest has found that just over a third (31%) of young Brits (aged 18-24) don’t feel financially secure in the current COVID-19 climate. When asked if they felt financially secure, have enough money to live comfortably and afford essential payments (e.g. groceries, utility b

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.

NatWest Group, formerly known as RBS Group, has been named as the banking sponsor of next year’s COP26 climate summit in Glasgow. The banking group said its sponsorship would demonstrate "its ambition to champion the fight against climate change by playing an active role in the transition to a

Natwest Markets Group has posted a profit of £355 million for the third quarter of this year, beating analysts expectations of a £75m loss. In the second quarter of this year, Natwest posted a loss of £137m and in Q3 last year, it reported a loss of £20m.

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.

Contactless and card payments will play a significant role in the economic recovery of construction firms in the UK, according to the findings of a survey conducted by NatWest's payment partner Tyl. More than a quarter, (29%) of British SMEs in the construction industry have reported that all paymen

Royal Bank of Scotland owner NatWest has launched a package of new initiatives to encourage customers to take control of their carbon emissions.