![]() | |
![]() NatWest's headquarters at 250 Bishopsgate in the City of London | |
NatWest | |
Formerly | National Westminster Bank Limited (1968-1981) |
Company type | Private |
Industry | Financial services |
Predecessor | National Provincial Bank Westminster Bank District Bank |
Founded | 18 March 1968 |
Headquarters | London, England, UK |
Key people | Chairman: Richard Haythornthwaite Chief Executive: Paul Thwaite |
Products | Banking, Investments, Lending and Insurance |
Parent | NatWest Holdings |
Subsidiaries | Coutts |
Website | natwest |
National Westminster Bank Plc,[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 19.97%[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 526 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.
{{cite news}}
: |last=
has generic name (help)
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search