LONDON: NatWest Group plc has entered into an agreement with Metro Bank plc to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. On completion of the transaction NatWest Group expects to…
LONDON: J Sainsbury PLC has entered into an agreement for the sale of Sainsbury’s Bank plc’s personal loan, credit card and retail deposit portfolios to NatWest Group, one of the UK’s leading banks. “We expect the Transaction to complete in…
LONDON, UK: Permanent TSB has entered into binding agreements with NatWest Group and Ulster Bank Ireland for the acquisition of certain elements of the Ulster Bank Retail, SME and Asset Finance business in the Republic of Ireland. As at 30…
LONDON: UK Government Investments Limited (UKGI) has announced the successful completion of the disposal of part of HM Treasury’s shareholding in NatWest Group plc. The disposal was effected by way of a placing of 580 million ordinary shares with a…
LONDON: NatWest Group plc has entered into an agreement with Metro Bank plc to acquire a £3.0 billion portfolio of prime UK mortgages, a news release said. The portfolio consists of owner occupied residential mortgages with a weighted average current…