April 23, 2018 6:51 AM ET

Banks

Company Overview of National Westminster Bank Plc

Company Overview

National Westminster Bank Plc provides various banking products and services in the United Kingdom and Europe. The company operates through UK Personal & Business Banking, Commercial Banking, Private Banking, and Central Items & Other segments. It offers current and savings accounts; loans, including Car, Debt consolidation, Home improvement, Holiday, Wedding, and business loans; mortgages; credit and business cards; and overdrafts. The company also provides home, life, and car insurance products; investment products; mobile, online, and telephone banking services; and electronic payments, international finance, foreign exchange, bonds, guarantees and standby letters of credit, documentary c...

135 Bishopsgate

London,  EC2M 4RB

United Kingdom

Founded in 1968

13,200 Employees

Phone:

44 20 7085 5000

Key Executives for National Westminster Bank Plc

Group Chief Executive
Age: 60
Chief Financial Officer
Age: 51
Chief Executive Officer of South Bristol
Unit Chief Executive Officer
Unit Chief Executive Officer
Compensation as of Fiscal Year 2017.

National Westminster Bank Plc Key Developments

National Westminster Bank plc Declares Dividend on Series A Non-Cumulative Preference Shares for the Six Months to April 16, 2018, Payable on April 16, 2018

The Directors of National Westminster Bank plc have declared the specified dividend on the undernoted Series of non-cumulative preference shares of £1.00 each for the six months to April 16, 2018. The dividend will be paid on April 16, 2018 at the undernoted rate to holders on the register at the close of business on March 9, 2018.

National Westminster Bank plc Reports Group Earnings Results and Bank Cash Flow Results for the Year Ended December 31, 2017

National Westminster Bank plc reported group earnings results and bank cash flow results for the year ended December 31, 2017. For the year, the group reported interest receivable of £6,271 million compared to £5,784 million, net interest income of £5,481 million compared to £4,772 million, total income of £8,147 million compared to £6,039 million, profit before impairment (losses)/releases of £3,827 million compared to £1,624 million, operating profit before tax of £3,516 million compared to £1,499 million, profit from continuing operations of £2,704 million compared to £816 million and profit attributable le to ordinary shareholders of £2,065 million compared to loss attributable le to ordinary shareholders of £867 million, Net cash flows from operating activities of £15,463 million compared to net out cash flows from operating activities of £9,849 million and purchase of property, plant and equipment £283 million compared to £88 million for the last year. For the year, the bank reported net cash flows from operating activities of £26,282 million compared to net out cash flows from operating activities of £6,821 million and purchase of property, plant and equipment £65 million compared to £61 million for the last year.

Natwest Westminster Bank's Queens Road Branch Being Sold

Natwest Westminster Bank plc's Queens Road Branch is being sold and is expected to fetch more than £0.2 million. The branch which recently closed will be auctioned off tomorrow at Aston Villa's football stadium in Birmingham.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 27, 2018
FreeAgent Holdings plc
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