NatWest Group plc notes rating actions by Fitch

NatWest Group plc

13 May 2026

 

NatWest Group plc

13 May 2026

NatWest Group plc notes rating actions by Fitch

13 May 2026

NatWest Group plc ("NWG") and its subsidiaries note the decision by the credit rating agency Fitch Ratings ("Fitch") to upgrade a number of ratings of NWG's subsidiaries on 12 May, following an update of their Bank Rating Criteria. This includes:

·      Upgrading the long-term Issuer Default Ratings (IDR) of National Westminster Bank Plc, The Royal Bank of Scotland plc, NatWest Bank Europe GmbH, NatWest Markets Plc, NatWest Market N.V. and The Royal Bank of Scotland International Limited to 'AA' from 'AA-';

·    Upgrading the long-term senior unsecured debt ratings of National Westminster Bank Plc, NatWest Bank Europe GmbH, NatWest Markets Plc, NatWest Market N.V., The Royal Bank of Scotland International Limited to 'AA' from 'AA-'.

The Outlook on all entities remains Stable.

Summary of Fitch Issuer Default Ratings:

	Former			New
	Long- Term Rating	Outlook	Short-Term Rating	Long- Term Rating	Outlook	Short-Term Rating
National Westminster Bank Plc The Royal Bank of Scotland plc NatWest Bank Europe GmbH NatWest Markets Plc NatWest Markets N.V. The Royal Bank of Scotland International Ltd	AA-	Stable	F1+	AA	Stable	F1+

A rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, change or withdrawal at any time by the rating agency.

For further information please contact:

NatWest Investor Relations

[phone]

NatWest Media Relations:

[phone]

	Legal Entity Identifier
NatWest Group plc National Westminster Bank Plc The Royal Bank of Scotland plc NatWest Bank Europe GmBH NatWest Markets Plc NatWest Markets N.V. The Royal Bank of Scotland International Ltd	2138005O9XJIJN4JPN90 213800IBT39XQ9C4CP71 549300WHU4EIHRP28H10 894500M8C9DWGV7L2Q81 RR3QWICWWIPCS8A4S074 X3CZP3CK64YBHON1LE12 21380078CCZSEEIIKA41

 

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