For the first time in over 15 years, the UK government has reduced its stake in NatWest to 5.93%, marking its departure as the largest shareholder. This change symbolizes the state’s withdrawal from the £45.5 billion bailout of Royal Bank of Scotland during the 2008 financial crisis when it held nearly 85%. BlackRock is now NatWest's largest shareholder. CEO Paul Thwaite anticipates full privatization by 2025, supported by profit growth and strategic cost reductions as the bank moves towards a fully private ownership model.
The government has relinquished its position as NatWest's biggest shareholder for the first time in more than 15 years, with its stake slipping to 5.93.
Paul Thwaite, NatWest's CEO, predicts the bank will be fully privatised by the end of 2025, with a strategy focused on cost-cutting and acquisitions.
Returning the bank to full private ownership is an ambition we share with the government and one that is in the interest of all our stakeholders.
The Treasury has been steadily trimming its stake via a "drip" trading programme, selling shares at a level deemed fair for taxpayers.
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