Rolling coverage of the latest economic and financial news, as Natwest posts forecast-beating results for the first half of this year
- Was Alison Rose held to a higher standard because she is a woman?
- Coutts chief quits and crisis wipes £1bn off NatWest shares
Katie Murray, NatWest’s chief financial officer commented, says the bank has registered a “strong performance” in the first half of 2023.
Murray says NatWest’s loan arrears (customers falling behind in repaying their debts) remain low, but many people, families and businesses are “really struggling”.
“NatWest Group’s strong performance for the first half of the year is underpinned by our robust balance sheet, with a well-diversified loan book, robust liquidity and stable deposit base.
“As a result, we are able to continue lending to our customers and delivering sustainable returns and distributions to our shareholders, even in the current uncertain environment.
Continue reading…
