NatWest

National Westminster Bank Plc
	NatWest's headquarters at 250 Bishopsgate in the City of London
Trade name	NatWest
Formerly	National Westminster Bank Limited (1968-1981)
Industry	Financial services
Predecessor	National Provincial Bank; Westminster Bank; District Bank
Founded	18 March 1968
Headquarters	London, England, UK
Key people	Chairman: Sir Howard Davies ; Chief Executive: Paul Thwaite
Products	Banking, Investments, Lending and Insurance
Parent	NatWest Holdings
Subsidiaries	Coutts
Website	natwest.com

National Westminster Bank,^[1] trading as NatWest,^[2] is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group in 2020. Following ringfencing of the group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. The British government currently owns 35%^[3] of NatWest Group after spending £45 billion ($61.87 billion) bailing out the lender in 2008; the proportion at one point was 54.7%.^[4] NatWest International is a trading name of RBS International, which also sits outside the ringfence.

NatWest is considered one of the Big Four clearing banks in the UK,^[5]^[6] and it has a large network of over 960 branches^[7] and 3,400 cash machines across Great Britain and offers 24-hour Actionline telephone and online banking services. Today, it has more than 7.5 million personal customers and 850,000 small business accounts. In Northern Ireland, it operates through the Ulster Bank brand.

^ "National Westminster Bank Public Limited Company overview - Find and update company information - GOV.UK". Companies House. 18 March 1968. Retrieved 22 January 2024.
^ "National Westminster Bank Plc Annual Report and Accounts 2019" (PDF). NatWest. Archived (PDF) from the original on 30 January 2022. Retrieved 22 January 2024.
^ "Farage account row leads Coutts Bank boss to quit". BBC News. 27 July 2023. Archived from the original on 27 July 2023. Retrieved 27 July 2023.
^ Reuters Britain unveils plan to return NatWest to majority private control Archived 16 September 2021 at the Wayback Machine, Reuters, 22 July 2021. Accessed 16 September 2021.
^ Kar-Gupta, Sudip. UK banks prepare for inevitable shake-up Archived 15 April 2014 at the Wayback Machine
^ Kar-Gupta, Sudip. UK to prioritise taxpayers as bank shake-up looms Archived 24 September 2015 at the Wayback Machine, Reuters, 10 April 2011. Accessed. 14 April 2014.
^ "RBS and NatWest to shed 158 branches and more than 400 jobs". BBC News. 23 March 2017. Archived from the original on 24 March 2017. Retrieved 23 March 2017.

[CompaniesHouse-1] "National Westminster Bank Public Limited Company overview - Find and update company information - GOV.UK". Companies House. 18 March 1968. Retrieved 22 January 2024.

[2] "National Westminster Bank Plc Annual Report and Accounts 2019" (PDF). NatWest. Archived (PDF) from the original on 30 January 2022. Retrieved 22 January 2024.

[nwgov-3] "Farage account row leads Coutts Bank boss to quit". BBC News. 27 July 2023. Archived from the original on 27 July 2023. Retrieved 27 July 2023.

[4] Reuters Britain unveils plan to return NatWest to majority private control Archived 16 September 2021 at the Wayback Machine, Reuters, 22 July 2021. Accessed 16 September 2021.

[5] Kar-Gupta, Sudip. UK banks prepare for inevitable shake-up Archived 15 April 2014 at the Wayback Machine

[6] Kar-Gupta, Sudip. UK to prioritise taxpayers as bank shake-up looms Archived 24 September 2015 at the Wayback Machine, Reuters, 10 April 2011. Accessed. 14 April 2014.

[7] "RBS and NatWest to shed 158 branches and more than 400 jobs". BBC News. 23 March 2017. Archived from the original on 24 March 2017. Retrieved 23 March 2017.

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