“The bank has changed fundamentally over the last decade, and now is the right time to align our group name with the brand under which the majority of our business is delivered,” said Chief Executive Officer Alison Rose.
(July 22): Royal Bank of Scotland Group Plc is due to become Natwest Group Plc today, ending three centuries under its old name.
The change, which was announced in February, exchanges the group’s Scottish lineage for the name used in most of its branch network following a takeover in 2000. RBS will remain in use as a consumer brand.
