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![]() NatWest Group Registered Office in October 2007 | |
Formerly |
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Company type | Public |
Industry | |
Founded | 25 March 1968 |
Headquarters | Edinburgh, Scotland, UK |
Area served | United Kingdom |
Key people |
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Products | |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 60,700 (2024)[2] |
Subsidiaries | |
Website | natwestgroup |
NatWest Group plc[1] is a British banking and insurance holding company, based in Edinburgh, Scotland.
The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and corporate finance. In the United Kingdom, its main subsidiary companies are National Westminster Bank, Royal Bank of Scotland,[3] NatWest Markets and Coutts.[4] The group issues banknotes in Scotland and Northern Ireland.
Before the 2008 financial crisis, NatWest was very briefly the largest bank in the world, and for a period was the second-largest bank in the UK and Europe and the fifth-largest in the world by market capitalisation. Subsequently, with a slumping share price and major loss of confidence, the bank fell sharply in the rankings, although in 2009 it was briefly the world's largest company by both assets (£1.9 trillion) and liabilities (£1.8 trillion).[5]
The bank was bailed out by the UK government via the 2008 United Kingdom bank rescue package.[6] The government retained a majority share until 28 March 2022, held and managed through UK Government Investments. It has subsequently reduced its shareholding in a series of transactions. As of 15 May 2025, the British government owns less than 1 per cent of NatWest Group after selling down its shareholding in 2025.[7]
In addition to its primary share listing on the London Stock Exchange, the company is also listed on the New York Stock Exchange.
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