# EDGAR Filing Document

**Accession Number:** 0000844150
**File Stem:** 0001654954-25-007468
**Filing Date:** 2025-6
**Character Count:** 5364
**Document Hash:** 74da9d7bdaf42a406a3f04524ce944b6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-25-007468.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001654954-25-007468

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250627

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NatWest Group plc
- **CENTRAL INDEX KEY:** 0000844150
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-10306
- **FILM NUMBER:** 251082343

**BUSINESS ADDRESS:**
- **STREET 1:** GOGARBURN
- **STREET 2:** PO BOX 1000
- **CITY:** EDINBURGH, SCOTLAND
- **STATE:** X0
- **ZIP:** EH12 1HQ
- **BUSINESS PHONE:** 441315568555

**MAIL ADDRESS:**
- **STREET 1:** GOGARBURN
- **STREET 2:** PO BOX 1000
- **CITY:** EDINBURGH, SCOTLAND
- **STATE:** X0
- **ZIP:** EH12 1HQ

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ROYAL BANK OF SCOTLAND GROUP PLC
- **DATE OF NAME CHANGE:** 19950712

**UNITED STATES**

 **SECURITIES AND EXCHANGE COMMISSION**

 **WASHINGTON, D.C. 20549**

 **FORM 6-K**

 **REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16**

 **UNDER THE SECURITIES EXCHANGE ACT OF 1934**

 **June, 2025**

 **Commission File Number 001-10306**

 **NatWest Group plc**

 **250 Bishopsgate,**

 **London, EC2M 4AA**

 **United Kingdom**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

The following information was issued as Company announcements in London, England and is furnished pursuant to General Instruction B to the General Instructions to Form 6-K:

 **NatWest Group plc notes rating actions by Fitch**

27 June 2025

NatWest Group plc ("NWG") and its subsidiaries note the decision by the credit rating agency Fitch Ratings (Fitch) to upgrade a number of ratings of NWG and its subsidiaries on 25 June, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

● Raising NWG's Viability Rating to a+ from a;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

● Raising the long-term Issuer Default Rating on NWG to 'A+' from 'A' and affirming the F1 Short-Term Issuer Default Rating;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

● Raising the long-term ratings to 'AA-' from 'A+', and upgrading the short-term ratings to 'F1+' from 'F1' on NatWest Bank plc, Royal Bank of Scotland plc, NatWest Bank Europe GMBH, NatWest Markets Plc, NatWest Markets N.V.;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

● Upgrading the long-term ratings of The Royal Bank of Scotland International Limited to 'AA-' from 'A' and upgrading the Short Term rating to 'F1+' from 'F1';

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

● Upgrading the long-term rating of NatWest Markets Securities Inc. to 'A+' from 'A' and affirmed the short-term rating at 'F1';

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

● Upgrading all rated debt issuance from NWG and its subsidiaries in line with the above actions.

The outlook on all rated entities is now Stable.

Summary of Fitch senior unsecured debt ratings:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Former** | **Former** | **Former** | **New** | **New** | **New** |
|  | **Long Term Rating**  | **Outlook** | **Short Term Rating** | **Long Term Rating** | **Outlook** | **Short Term Rating** |
| <br>**NatWest Group plc**<br>| A | Positive | F1 | A+ | Stable | F1 |
| <br>**National Westminster Bank plc**<br> **The Royal Bank of Scotland plc**<br> **NatWest Bank Europe GMBH NatWest Markets Plc**<br> **NatWest Markets N.V.**<br>| A+ | Positive | F1 | AA- | Stable | F1+ |
| <br>**NatWest Markets Securities Inc**<br>| A | Positive | F1 | A+ | Stable | F1 |
| <br> **The Royal Bank of Scotland International Ltd**<br>| A | Positive | F1 | AA- | Stable | F1+ |

---

A rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, change or withdrawal at any time by the rating agency.

For further information please contact:

 **NatWest Investor Relations**

+44 (0) 207 672 1758 <br>

 **NatWest Media Relations**:

+44 (0) 13 1523 420

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| | |
|:---|:---|
|  | Legal Entity Identifier<br>|
| <br> NatWest Group plc<br>National Westminster Bank plc<br>The Royal Bank of Scotland plc<br>NatWest Bank Europe GMBH<br>NatWest Markets Plc<br>NatWest Markets N.V.<br>NatWest Markets Securities Inc<br>The Royal Bank of Scotland International Ltd<br>| 2138005O9XJIJN4JPN90<br>213800IBT39XQ9C4CP71<br>549300WHU4EIHRP28H10<br>894500M8C9DWGV7L2Q81<br>RR3QWICWWIPCS8A4S074<br>X3CZP3CK64YBHON1LE12<br>ZE2ZWJ5BTIQJ8M0C6K34<br>21380078CCZSEEIIKA41<br>|

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 **SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
|  |  | **NatWest Group plc**<br> (Registrant) | **NatWest Group plc**<br> (Registrant) |
| Date: | 27 June 2025 | By: | /s/ Mark Stevens |
|  |  | Name: | Mark Stevens |
|  |  | Title: | Assistant Secretary |

---