Royal Bank of Scotland and National Westminster Bank LT Ratings Raised to 'AA'; Outlook Stable - S&P Global Ratings’ Credit Research

Royal Bank of Scotland and National Westminster Bank LT Ratings Raised to 'AA'; Outlook Stable

Royal Bank of Scotland and National Westminster Bank LT Ratings Raised to 'AA'; Outlook Stable - S&P Global Ratings’ Credit Research
Royal Bank of Scotland and National Westminster Bank LT Ratings Raised to 'AA'; Outlook Stable
Published Oct 30, 2003
Published Oct 30, 2003
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

LONDON (Standard&Poor's) Oct. 30, 2003--Standard&Poor's Ratings Services said today it raised its long-term counterparty credit ratings on Royal Bank of Scotland PLC (Royal Bank) and related entity National Westminster Bank PLC (NatWest) to 'AA' from 'AA-', and affirmed its 'A-1+' short-term ratings on both entities. In addition, Standard&Poor's raised its counterparty credit ratings on Royal Bank of Scotland Group PLC to 'AA-/A-1+' from 'A+/A-1'. The outlook on all entities is stable. At the same time, Standard&Poor's raised its counterparty credit ratings on Ulster Bank Ltd. and Ulster Bank Ireland Ltd. to 'AA-/A-1+' from 'A+/A-1'. The outlook on both banks is stable. The ratings and outlooks on U.S.-based Citizens Financial Group Inc.'s subsidiaries

  
Report Type:

Ratings Action

Ticker
2783Z@LN
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Royal Bank of Scotland and National Westminster Bank LT Ratings Raised to 'AA'; Outlook Stable" Oct 30, 2003. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Royal-Bank-of-Scotland-and-National-Westminster-Bank-LT-Ratings-Raised-to-AA-Outlook-Stable-341838>
  
APA:
S&P Global Ratings’ Credit Research. (). Royal Bank of Scotland and National Westminster Bank LT Ratings Raised to 'AA'; Outlook Stable Oct 30, 2003. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Royal-Bank-of-Scotland-and-National-Westminster-Bank-LT-Ratings-Raised-to-AA-Outlook-Stable-341838>
  
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