Handelsbanken vs NatWest

Side-by-side credit rating comparison of these two UK banks

H
Handelsbanken
Higher Rated
Credit Rating
AA
Normalized Score

90 / 100

Agencies

S&P, Moody's, Fitch

Outlook

—

Last Updated

10 July 2026

VS
N
NatWest
Credit Rating
AA-
Normalized Score

83 / 100

Agencies

S&P, Moody's, Fitch

Outlook
Stable
Last Updated

19 July 2026

H
Handelsbanken
Higher Rated
Credit Rating
AA
Score
90 / 100
Agencies

S&P, Moody's, Fitch

Outlook

—

N
NatWest
Credit Rating
AA-
Score
83 / 100
Agencies

S&P, Moody's, Fitch

Outlook
Stable
Swipe to compare
Rating History Comparison
AA+AAAA-A+AA-BBB+Jan 2016Jul 2026Handelsbanken — 27 Jan 2026: AAHandelsbanken — 10 Jul 2026: AAAANatWest — 15 Jan 2016: A-NatWest — 15 Apr 2018: A-NatWest — 01 Jun 2018: A-NatWest — 15 Dec 2018: ANatWest — 15 Dec 2019: ANatWest — 15 Jan 2020: ANatWest — 01 Jun 2020: A+NatWest — 09 Jul 2026: A+NatWest — 10 Jul 2026: AA-AA-
HandelsbankenNatWest
Handelsbanken
NatWest
Comparison Summary
Metric Handelsbanken NatWest Difference
Credit Rating AA AA- Handelsbanken rated ~1 notch higher
Normalized Score 90 83

+7 points

Agencies S&P, Moody's, Fitch S&P, Moody's, Fitch Same
Outlook N/A Stable Different
Trend Same
Investment Grade Yes Yes Same
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