NatWest vs Royal Bank of Scotland

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

Rating History Comparison
AA-A+AA-BBB+Jan 2016Jul 2026NatWest — 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-Royal Bank of Scotland — 09 Jul 2026: ARoyal Bank of Scotland — 10 Jul 2026: AA-AA-
NatWestRoyal Bank of Scotland
NatWest
Royal Bank of Scotland
Comparison Summary
Metric NatWest Royal Bank of Scotland Difference
Credit Rating AA- AA- Equal ratings
Normalized Score 83 83

Equal

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