NatWest Group (LSE:NWG) said Fitch Ratings upgraded the long-term issuer default ratings and long-term senior unsecured debt ratings of a number of its subsidiaries to 'AA' from 'AA-'.
The upgrades cover National Westminster Bank, The Royal Bank of Scotland, NatWest Bank Europe, NatWest Markets, NatWest Markets N.V. and The Royal Bank of Scotland International Limited.
NatWest said the Outlook on all entities remains Stable.
The company also noted that Fitch raised long-term senior unsecured ratings specifically for National Westminster Bank, NatWest Bank Europe, NatWest Markets, NatWest Markets N.V. and The Royal Bank of Scotland International Limited.
The announcement reminded investors that a rating is not a recommendation to buy, sell or hold securities and may be subject to change or withdrawal.
