NatWest Group plc and subsidiaries note Fitch Ratings upgrade of long-term Issuer Default Ratings and senior unsecured debt ratings to 'AA' from 'AA-' with Stable outlook.
Key takeaways
Fitch upgraded long-term IDR of National Westminster Bank Plc, The Royal Bank of Scotland plc, NatWest Bank Europe GmbH, NatWest Markets Plc, NatWest Markets N.V., and The Royal Bank of Scotland International Limited to 'AA' from 'AA-'.
Fitch upgraded long-term senior unsecured debt ratings of the same subsidiaries to 'AA' from 'AA-'.
All upgraded ratings carry a Stable outlook.
Upgrades follow Fitch's update to Bank Rating Criteria on 12 May 2026.
Ratings are not a recommendation to buy, sell or hold securities.