XML 366 R66.htm IDEA: XBRL DOCUMENT
v3.22.4

Subordinated liabilities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Subordinated liabilities |
Schedule of subordinated liabilities | ​
​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021
​ | ​ | £m | ​ | £m
Dated loan capital |  | 5,968 |  | 8,051
Undated loan capital |  | 173 |  | 259
Preference shares |  | 119 |  | 119
|  | 6,260 |  | 8,429
​
Schedule of issuances and redemptions | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | First call | Maturity | ​ | Capital | ​ | 2022 | ​ | 2021
Dated loan capital | ​ | date | date |  | treatment |  | £m |  | £m
Natwest Group plc | ​ | ​ | ​ |  |  |  |  |  |
$2,250 million | 6.13% notes | — | Dec-22 | ​ | Tier 2 | ​ | — | ​ | 986
$2,250 million | 5.13% notes | — | May-24 | ​ | Tier 2 | ​ | 706 | ​ | 956
$2,000 million | 6.00% notes | — | Dec-23 | ​ | Tier 2 | ​ | 536 | ​ | 1,073
£1,000 million | 3.622% notes | Aug-25 | Aug-30 | ​ | Tier 2 | ​ | 964 | ​ | 995
£1,000 million | 2.105% notes | Aug-26 | Nov-31 | ​ | Tier 2 | ​ | 1,001 | ​ | 999
$1,000 million | 6.10% notes | — | Jun-23 | ​ | Tier 2 | ​ | 126 | ​ | 354
$850 million | 3.032% notes | Nov-30 | Nov-35 | ​ | Tier 2 | ​ | 555 | ​ | 584
€750 million | 1.043% notes | Jun-27 | Sep-32 | ​ | Tier 2 | ​ | 665 | ​ | 630
$750 million | 3.754% notes | Nov-24 | Nov-29 | ​ | Tier 2 | ​ | 626 | ​ | 558
£650 million | 7.416% notes | Mar-28 | Jun-33 | ​ | Tier 2 | ​ | 641 | ​ | —
$650 million | 6.425% notes | Jan-34 | Jan-43 |  | Not applicable |  | — |  | 554
| ​ | ​ | ​ |  |  |  | 5,820 |  | 7,689
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other subsidiaries | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
$650 million | 6.3% notes | Jan-34 | Dec-43 | ​ | Not applicable | ​ | — | ​ | 39
€300 million | Floating rate notes | — | Jun-22 | ​ | Tier 2 | ​ | — | ​ | 252
€170 million | Floating rate notes | — | Feb-41 | ​ | Not applicable | ​ | 223 | ​ | 331
$150 million | 7.125% notes | — | Oct-93 | ​ | Not applicable | ​ | 18 | ​ | 113
€145.6 million | Floating rate notes | — | Apr-23 | ​ | Tier 2 | ​ | 122 | ​ | 119
$136 million | 7.75% notes | — | May-23 | ​ | Not applicable | ​ | 83 | ​ | 104
​ | ​ | ​ | ​ | ​ | ​ |  | 6,266 |  | 8,647
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Undated loan capital | ​ | ​ | ​ |  |  |  |  |  |
Natwest Group plc | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
$762 million | 7.648% notes | Sep-31 | — | ​ | Not applicable | ​ | — | ​ | 51
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other subsidiaries | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
£16 million | 5.63% notes | Sep-26 | — | ​ | Not applicable | ​ | 18 | ​ | 20
£19 million | 5.63% notes | Jun-32 | — | ​ | Tier 2 | ​ | — | ​ | 1
£21 million | 6.2% notes | Mar-22 | — | ​ | Tier 2 | ​ | — | ​ | 22
£31 million | 7.38% notes | — | — | ​ | Not applicable | ​ | 2 | ​ | 1
£53 million | 7.125% notes | Oct-22 | — | ​ | Not applicable | ​ | — | ​ | 56
€31 million | 11.375% notes | — | — | ​ | Tier 2 | ​ | 48 | ​ | 45
£35 million | 11.5% notes | Dec-22 | — | ​ | Not applicable | ​ | 72 | ​ | 31
£11 million | 11.75% notes | — | — | ​ | Tier 2 | ​ | 25 | ​ | 24
£1.1 million | SONIA + 2.8266% notes | — | — | ​ | Tier 2 | ​ | 2 | ​ | 2
£4.9 million | 2.5% fixed notes | — | — | ​ | Not applicable | ​ | 6 | ​ | 6
​ | ​ | ​ | ​ | ​ | ​ | ​ | 173 | ​ | 259
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Preference shares | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other subsidiaries | ​ | ​ | ​ |  |  |  |  |  |
£140 million | Non-cumulative preference shares of £1 | — | — | ​ | Not applicable | ​ | 119 | ​ | 119
​ | ​ | ​ | ​ | ​ | ​ | ​ | 119 | ​ | 119
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Fair Value Hedging | ​ | ​ | ​ | ​ | ​ | (298) | ​ | (596)
​ | ​ | ​ | ​ | ​ | ​ | ​ | 6,260 | ​ | 8,429
​

X
- References No definition available. + Details
Name: | ifrs-full_SubordinatedLiabilitiesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of issuances and redemptions relating to subordinated liabilities. + References No definition available. + Details
Name: | nwg_ScheduleOfIssuancesAndRedemptionsSubordinatedLiabilitiesTableTextBlock
Namespace Prefix: | nwg_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of subordinated liabilities. + References No definition available. + Details
Name: | nwg_ScheduleOfSubordinatedLiabilitiesTableTextBlock
Namespace Prefix: | nwg_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration