Fitch revises NatWest view to stable

Fitch Ratings said it revised the outlook on NatWest Group plc to stable from negative and affirmed the A issuer default rating.

Fitch also affirmed NWG's subsidiaries, including the Royal Bank of Scotland plc, National Westminster Bank plc, NatWest Markets plc and Ulster Bank Ireland DAC. Their outlooks have also been revised to stable from negative.

“The revision of the outlooks primarily reflects the revision of the outlook on Fitch's operating environment score for U.K. banks with predominately domestic operations to stable from negative, following the recent revision of the outlook on the U.K.'s AA- long-term IDR to stable, and Fitch's improved expectations for the U.K.'s economic recovery,” the agency said in a press release.

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