Archives

November 8, 2024 @ 9:39 am By Omar Faridi  |  

NatWest has shared an update on the fastest growing scams of 2024. The update from UK’s NatWest noted that an increase in fake parcel delivery texts, social media marketplace scams and AI voice cloning “during the last 12 months.” This, according to the analysis from… Read More

October 23, 2024 @ 9:33 am By Omar Faridi  |  

NatWest continues to support the European energy transition with €450 million financing of solar power projects in Southern Europe. NatWest has recently teamed up with Glennmont Partners in order to finance the construction of 17 solar photovoltaic projects across Spain, Italy and Portugal with a… Read More

October 19, 2024 @ 4:18 pm By Omar Faridi  |  

Activity at small and medium-sized businesses fell “marginally” in September, while new work and employment numbers continued to grow, the NatWest SME Growth Tracker has revealed. The NatWest UK SME Business Activity Index – which aims to effectively measure MoM changes in the output of… Read More

October 9, 2024 @ 8:50 am By Omar Faridi  |  

Business activity rose in all but one of the UK’s 12 nations and regions last month, following broad-based growth in the month prior, according to the latest NatWest Regional Growth Tracker. As noted in a blog post by NatWest, the Business Activity Index is said… Read More

October 6, 2024 @ 2:46 pm By Omar Faridi  |  

NatWest Group has announced a progress update on its ambition to provide £5 billion in new lending to the UK social housing sector, with the bank confirming £2.8 billion has been provided up to 31 August 2024. As explained in the update from UK’s NatWest… Read More

October 3, 2024 @ 6:28 am By Omar Faridi  |  

Meta (NASDAQ:META) and NatWest are expanding an information sharing partnership to help protect people against fraud. The Fraud Intelligence Reciprocal Exchange (FIRE) is described in an update as a threat intelligence sharing program for financial institutions, enabling banking service providers to share intelligence with Meta… Read More

September 26, 2024 @ 7:58 am By Omar Faridi  |  

As summer comes to a close and the nights draw in, new research from NatWest Premier reveals that half (50%) of Brits admit “to overspending, with fear-of-missing-out being the primary driver for 25%.” Furthermore, around one in five agree “that the pressure to keep up… Read More

September 22, 2024 @ 7:37 pm By Omar Faridi  |  

NatWest reports that it has completed a multimillion-pound funding deal with North East’s believe housing. NatWest notes that the £90 million funding package will aim to “support long-term growth plans for social housing association.” As stated in the announcement, believe housing has obtained a £90… Read More

September 16, 2024 @ 6:16 am By Omar Faridi  |  

Despite the financial pressures facing young people, NatWest’s latest Savings Index reveals younger generations are building positive savings habits, breaking traditional taboos around talking about money, and “seeking innovative ways through social media to create a more secure financial future.” Almost nine in ten (86%)… Read More

September 15, 2024 @ 11:42 pm By Omar Faridi  |  

August saw business activity rise universally across the UK for the first time in three months, the latest NatWest Regional Growth Tracker showed. The Business Activity Index is the first fact-based indicator of regional economic health released each month, “tracking the monthly change in the… Read More

August 24, 2024 @ 9:49 am By Omar Faridi  |  

NatWest and Beauhurst’s New Startup Index reports 468,000 new companies started up in the first half of 2024 – a 6% increase compared to the same period last year. In a sign of the strong potential of the UK economy, 468,000 new firms “have started… Read More

August 14, 2024 @ 8:17 am By Omar Faridi  |  

NatWest has executed a £1.1bn own-asset securitisation deal with funding from Nuveen Infrastructure and Christofferson Robb & Company to allow the bank to recycle capital and increase lending to the renewable energy and energy transition sectors. The synthetic risk transfer securitization “provides credit protection against… Read More

August 9, 2024 @ 4:59 am By Omar Faridi  |  

NatWest has announced a £100 million term loan guaranteed by UK Infrastructure Bank (UKIB), and a £25 million term loan to support Quickline Communication’s large-scale broadband expansion in Yorkshire and Lincolnshire. This is alongside a £125 million term loan from UKIB. The financing from NatWest… Read More

August 1, 2024 @ 8:11 pm By Omar Faridi  |  

NatWest Group has announced that Paul Edwards has been appointed to lead the banking group’s asset finance business, Lombard, together “with specialist businesses providing working capital solutions.” Paul has been at NatWest for 12 years and “has held a number of roles in that time,… Read More

July 30, 2024 @ 10:10 am By Omar Faridi  |  

NatWest Group has issued its first Electric Vehicle Green bond (the “EV Green Bond”) raising net proceeds of €750 million from institutional investors based in the UK, Europe & Asia. The issuance makes NatWest Group the first UK bank “to issue a green bond where… Read More

July 29, 2024 @ 2:36 pm By Omar Faridi  |  

NatWest Group plc announces that it1 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 transaction2 NatWest Group “expects to welcome… Read More

July 24, 2024 @ 9:11 am By Omar Faridi  |  

The UK is a significantly more entrepreneurial society than it was at the start of the millennium, the world’s largest survey of entrepreneurship has found. This, according to an update from NatWest. For the first time since the Global Entrepreneurship Monitor records began “a quarter… Read More

July 17, 2024 @ 7:59 am By Omar Faridi  |  

Social media may be inspiring a new generation of savvy savers and fiscally responsible young adults, with 74% of Gen Z participating in social media-driven challenges to boost their overall savings, as revealed in the latest NatWest Savings Index. In comparison to other age groups,… Read More

July 10, 2024 @ 7:04 am By Omar Faridi  |  

Business activity grew in nine UK nations and regions in June, after having risen in all 12 in the previous month, the latest NatWest Regional Growth Tracker showed. The NatWest Regional Growth Tracker Business Activity Index is said to be “the first fact-based indicator of… Read More

July 9, 2024 @ 9:20 pm By Omar Faridi  |  

NatWest is supporting bank-verified digital identity by integrating OneID in Adobe® Acrobat Sign. NatWest claims that it has “become the first UK bank to use bank-verified digital identity to enable people from different countries to prove their identity in the fastest and easiest way.” The… Read More