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While reassuring shareholders about the level of risk RBS is taking on, he added a note of caution, saying: "We do not know at this point how severe the economic crisis will be, or how long the lockdown will be. Capital repayment holidays on loans are being offered for up to six months. It has since shrunk to become almost entirely a UK and Irish bank, while continuing to have the largest number of business customers.
RBS is rebranding during this year so that the parent company will be known as NatWest, the brand known to most of its customers in England and Wales. Image source, Getty Images. No dividends. The disposal was effected by way of an off-market purchase by the Company of ,, ordinary shares in the Company. The price paid by the Company for each Share was As a result of the Off-Market Purchase, the shareholding of HM Treasury has reduced from 7,,, Shares, representing approximately On 11 May UKGI announced the disposal of ,, ordinary shares through an accelerated book building process to institutional investors.
As a result of the Placing the shareholding of HMT reduced from Image source, AFP. Related Topics. Published 10 May Published 1 May Published 27 April
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