Natwest, Bailout in the UK returns to full private property in 17 years after 17 years

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The UK government sold the last share of 46 billion pounds of £ 46 billion in the height of the financial crisis, the last share of the bank to full personal hands.

In 2008 and 2009, the last sale of the Government of the 84 percent of the Royal Bank of the Scottish Royal Bank, the last sale of the Royal Bank, which has returned from the price of Bailout since 2011.

The government has accelerated the sold of Natwest shares in recent months. His share was lower than 1 percent this month, december 38 percent in December 2023.

RBS’s taxpayer rescue was one of the largest support in the world and a certain moment of the financial crisis in the UK, a heavy burden on the social purse, and burned anger against the bankers.

Treasury, share sales, dividends and payments are less than £ 10.5 billion, than paid to adopt over the past decade, he said he would never restore the full value over the past decade.

“About twenty years ago, the government, then the government took a step to protect the protective and enterprise from the results of the collapse of RBs,” said England Chancellor Rachel Reeves. “This was the right decision to ensure the economy and the return of Natwest to private ownership turns the page in an important chapter in the history of this country.”

Natwest chair Rick Haythornthwaite said the bank was deeply grateful to the “Government and British taxpayers – for taxpayers – intervention and support.”

“During the global crisis, this intervention was stabilized with our banking system and extension, our economy, millions, protection, homeowners and enterprises.”

RbS, named Natwest in 2020, Dutch Bank ABN Amro was received, and in £ 39 billion was saddened by mortgage supported securities.

The scale of the crisis and the subsequent state property made it necessary to overhaul the bank’s strategy, the establishment of RBS until the world’s largest bank.

Compared to 62 percent in 2007, the bank’s total income was earned in 2024 in England.

The British government was faster to return the Rival Lloyds Banking group to special hands after £ 20.3 billion.

Unlike Natwest, this reprimand has created a turn for taxpayers. In 2017, the government turned back all the statements in 2017 and an additional 900 mn.

Although Natwest returned to profitability in 2017, although the government has recalled its dividend in the next year, the government has been completely eligible for the political uncertainty and for a long time for a long time.

Natwest shares, about 70 percent, higher interest rates in the last year, the higher interest rates restored to return the European banking resources to the investors.

Treasury, after the US President Donald Trump, as soon as possible due to the market tariff announcements, the bank’s share price was acquainted with the details when the government fell below the minimum price.

The government’s speech can lead to the NATWEST to accept a more aggressive strategy, because the bank can spend more inconsistent with more imagination than the government returning shares back.

Senior Executive Paul Thwaite, who has been operating in the bank since 2023, said he wanted to buy. Financial times were previously reported Santander rejected £ 11 billion offers from Natwest for the British Retail Bank at the beginning of this year.