National Westminster Bank

Our vision is to build the UK's most Helpful Bank. Our key focus is providing great customer service, an emphasis on treating our customers fairly and an on-going commitment to help our customers manage their finances and make the most of their money. Our dedication to Helpful Banking means putting our customer's interests at the heart of everything we do. NatWest is a dynamic & exciting business providing a full range of banking services. We have over 1,600 branches and offer a full range of banking services to 12 million customers.

Type
Subsidiary
Parent Company
The Royal Bank of Scotland Group
HQ
London, GB
Founded
1968
National Westminster Bank was founded in 1968 and is headquartered in London, GB

National Westminster Bank Office Locations

National Westminster Bank has an office in London
London, GB (HQ)
135 Bishopsgate

National Westminster Bank Data and Metrics

National Westminster Bank Summary

Founding Date

1968
National Westminster Bank is a subsidiary of The Royal Bank of Scotland Group

National Westminster Bank Financial Metrics

National Westminster Bank's revenue was reported to be £7.6 b in FY, 2016 which is a 9% decrease from the previous period.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

11.3 b9.7 b8.4 b7.6 b

Revenue growth, %

(14%)(13%)(9%)

Pre tax profit

(6.8 b)2.6 b(914 m)(224 m)

Net Income

(6 b)1.7 b(1.2 b)(930 m)
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.5 b2.7 b1.7 b2.6 b

Accounts Receivable

340.6 b297.8 b289.9 b282.6 b

Current Assets

347.7 b304.3 b298.4 b312.4 b

PP&E

4.9 b4.1 b3.6 b3.6 b

Goodwill

797 m848 m517 m484 m

Total Assets

353.5 b309.2 b302.4 b316.5 b

Accounts Payable

322.3 b275.7 b266.4 b265.3 b

Current Liabilities

339.3 b293.4 b287.3 b300.5 b

Total Liabilities

340.6 b293.8 b287.6 b300.9 b

Retained Earnings

(6 b)1.6 b(1.2 b)(867 m)

Total Equity

12.9 b15.4 b14.8 b15.6 b

Financial Leverage

27.5 x20.1 x20.4 x20.3 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(3.8 b)(16.1 b)2.2 b(9.5 b)

Cash From Financing Activities

1.7 b995 m151 m1.1 b

Income Taxes Paid

842 m(844 m)(289 m)(706 m)

Traffic Overview of National Westminster Bank

National Westminster Bank Online and Social Media Presence

National Westminster Bank News and Updates

White Collar Watch: U.S. Crackdown on Corporate Wrongdoers May Be Undone by National Borders

Defendants in several high-profile cases all reside in other countries, and their extradition for prosecution is questionable at best.

Moscow to retaliate against BBC after NatWest closed Russia Today account

Russian spokeswoman says closure of English-language broadcaster’s bank accounts ‘reeked of’ BBCRussia has hinted it will take reprisals against the BBC after National Westminster Bank withdrew its services from Russia’s English-language broadcaster, RT.Maria Zakharova, the foreign ministry spokeswo…

The FCA has just revealed the names of the naughtiest banks

The number of complaints lodged against financial services firms nudged down in the first six months of 2016 according to statistics released by the Financial Conduct Authority (FCA). The total number of complaints dropped by 2.6 per cent compared with the final six months of 2015. Barclays toppe…

RBS shares drop at the open as it sets out plans for ring-fenced structure

Royal Bank of Scotland Group (RBS) has set out its plans to restructure in order to comply with UK ring-fencing regulations. Legislation requiring the separation of essential banking services from investment banking services will take effect from 1 January 2019. RBS said today that in order to be…

National Westminster Bank Company Life and Culture

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