NatWest Group plc
Explore NatWest Group
Core profile pages, annual revenue records, and related research hubs for this company.
NatWest Group plc
Explore NatWest Group
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 1727 in Edinburgh, Scotland, United Kingdom
The Royal Bank of Scotland was founded in Edinburgh in 1727. National Westminster Bank was formed in 1968 from predecessor banks. RBS acquired NatWest in 2000, the group was rescued by the UK government in 2008, and it rebranded as NatWest Group in 2020.
RBS became the corporate platform that later acquired National Westminster Bank and, after the financial crisis, was renamed NatWest Group.
The NatWest brand became the dominant customer-facing identity after RBS acquired NatWest in 2000 and rebranded the group in 2020.
The Royal Bank of Scotland is founded by royal charter in Edinburgh.
National Provincial Bank and Westminster Bank combine to form National Westminster Bank.
Royal Bank of Scotland completes its acquisition of National Westminster Bank.
The financial crisis forces RBS into UK government support and years of restructuring.
The group changes its name from RBS Group to NatWest Group.
NatWest returns to full private ownership and reports GBP 7.7 billion profit before tax with 19.2% RoTE.
Expanded RBS into a much larger UK retail and commercial banking group.
Added youth money-management and family banking capability.
Added customer accounts and scale in retail banking.
NatWest's founding story dates to 1727.
NatWest Group traces its lineage through the Royal Bank of Scotland, founded by royal charter in 1727, and National Westminster Bank, formed from predecessor banks in 1968.
The 2008 bailout forced RBS/NatWest to abandon global expansion and rebuild as a simpler UK-focused bank.
This NatWest history page covers founding, growth milestones, leadership changes, and modern strategy.