REG - NatWest Group plc Nat.Westminster Bk Natwest Markets PLC NatWest Markets N.V. - NatWest Group plc notes rating actions by Fitch

NatwestAnnouncement

27/06/2025 13:00

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RNS Number : 7931O  NatWest Group plc  27 June 2025

 

 

NatWest Group plc notes rating actions by Fitch

 

27 June 2025

 

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 and
its subsidiaries on 25 June, including:

·      Raising NWG's Viability Rating to a+ from a;

·      Raising the long-term Issuer Default Rating on NWG to 'A+' from
'A' and affirming the F1 Short-Term Issuer Default Rating;

·      Raising the long-term ratings to 'AA-' from 'A+', and upgrading
the short-term ratings to 'F1+' from 'F1' on NatWest Bank plc, Royal Bank of
Scotland plc, NatWest Bank Europe GMBH, NatWest Markets Plc, NatWest Markets
N.V.;

·      Upgrading the long-term ratings of The Royal Bank of Scotland
International Limited to 'AA-' from 'A' and upgrading the Short Term rating to
'F1+' from 'F1';

·      Upgrading the long-term rating of NatWest Markets Securities Inc.
to 'A+' from 'A' and affirmed the short-term rating at 'F1';

·      Upgrading all rated debt issuance from NWG and its subsidiaries
in line with the above actions.

The outlook on all rated entities is now Stable.

Summary of Fitch senior unsecured debt ratings:

                                                Former                                                             New
                                                Long Term Rating                      Outlook   Short Term Rating  Long Term Rating  Outlook  Short Term Rating
 NatWest Group plc                              A                                     Positive  F1                 A+                Stable   F1
 National Westminster Bank plc                  A+                                    Positive  F1                 AA-               Stable   F1+

 The Royal Bank of Scotland plc

 NatWest Bank Europe GMBH NatWest Markets Plc

 NatWest Markets N.V.
 NatWest Markets Securities Inc                 A                                     Positive  F1                 A+                Stable   F1
                                                A                                     Positive  F1                 AA-               Stable   F1+

 The Royal Bank of Scotland International Ltd

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

+44 (0) 207 672 1758

NatWest Media Relations:

+44 (0) 13 1523 420

                                                Legal Entity Identifier
                                                2138005O9XJIJN4JPN90

 NatWest Group plc                              213800IBT39XQ9C4CP71

                                                549300WHU4EIHRP28H10

 National Westminster Bank plc                  894500M8C9DWGV7L2Q81

                                                RR3QWICWWIPCS8A4S074

 The Royal Bank of Scotland plc                 X3CZP3CK64YBHON1LE12

                                                ZE2ZWJ5BTIQJ8M0C6K34

 NatWest Bank Europe GMBH                       21380078CCZSEEIIKA41

 NatWest Markets Plc

 NatWest Markets N.V.

 NatWest Markets Securities Inc

 The Royal Bank of Scotland International Ltd

 

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