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Subordinated liabilities - Redemption (Details) £ / shares in Units, € in Millions, £ in Millions, $ in Millions | Dec. 31, 2024 GBP (£) £ / shares | Dec. 31, 2024 USD ($) | Dec. 31, 2024 EUR (€) | Dec. 31, 2023 GBP (£) £ / shares
--- | --- | --- | --- | ---
Subordinated liabilities |  |  |  |
Dated subordinated liabilities before value adjustment due to hedge accounting | £ 6,091.0 |  |  | £ 5,735.0
Dated loan capital | 5,996.0 |  |  | 5,573.0
Undated loan capital | 21.0 |  |  | 22.0
Preference shares | 119.0 |  |  | 119.0
Impact on carrying value due to fair value hedging | (95.0) |  |  | (162.0)
Subordinated liabilities | £ 6,136.0 |  |  | £ 5,714.0
Par value per share | £ / shares | £ 1.0769 |  |  | £ 1.0769
NatWest Group plc |  |  |  |
Subordinated liabilities |  |  |  |
Dated loan capital | £ 5,840.0 |  |  | £ 5,481.0
Natwest Group plc, $2,250 million 5.125% notes Maturity dated May-2024 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | $ |  | $ 2,250 |  |
Interest rate | 5.125% | 5.125% | 5.125% |
Dated loan capital |  |  |  | 418.0
Natwest Group plc, £1,000 million 3.622% notes Maturity dated Aug 2030 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | £ 1,000.0 |  |  |
Interest rate | 3.622% | 3.622% | 3.622% |
Dated loan capital | £ 1,006.0 |  |  | 985.0
Natwest Group plc, £1,000 million 2.105% notes Maturity dated Nov-2031 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | £ 1,000.0 |  |  |
Interest rate | 2.105% | 2.105% | 2.105% |
Dated loan capital | £ 1,001.0 |  |  | 1,000.0
Natwest Group plc, $1,000 million 6.475% notes Maturity dated Jun-2034 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | $ |  | $ 1,000 |  |
Interest rate | 6.475% | 6.475% | 6.475% |
Dated loan capital | £ 799.0 |  |  |
Natwest Group plc, $850 million 3.032% notes Maturity dated Nov-2035 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | $ |  | $ 850 |  |
Interest rate | 3.032% | 3.032% | 3.032% |
Dated loan capital | £ 550.0 |  |  | 541.0
Natwest Group plc, €750 million 1.043% notes Maturity dated Sep-2032 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | € |  |  | € 750 |
Interest rate | 1.043% | 1.043% | 1.043% |
Dated loan capital | £ 624.0 |  |  | 652.0
Natwest Group plc, $750 million 3.754% notes Maturity dated Nov-2029 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | $ |  | $ 750 |  |
Interest rate | 3.754% | 3.754% | 3.754% |
Dated loan capital |  |  |  | 592.0
Natwest Group plc, €700 million 5.763% notes Maturity dated Feb-2034 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | € |  |  | € 700 |
Interest rate | 5.763% | 5.763% | 5.763% |
Dated loan capital | £ 608.0 |  |  | 636.0
Natwest Group plc, £650 million 7.416% notes Maturity dated Jun-2033 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | £ 650.0 |  |  |
Interest rate | 7.416% | 7.416% | 7.416% |
Dated loan capital | £ 644.0 |  |  | 657.0
Natwest Group plc, £600 million 5.642% notes Maturity dated Oct-2034 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | £ 600.0 |  |  |
Interest rate | 5.642% | 5.642% | 5.642% |
Dated loan capital | £ 608.0 |  |  |
Other subsidiaries, €170 million Floating rate notes Maturity dated Feb-2041 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | € |  |  | € 170 |
Dated loan capital | £ 234.0 |  |  | 237.0
Other subsidiaries, $150 million 7.125% notes Maturity dated Oct-93 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | $ |  | $ 150 |  |
Interest rate | 7.125% | 7.125% | 7.125% |
Dated loan capital | £ 17.0 |  |  | 17.0
Other Subsidiaries £31 Million 7.38% Notes |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | £ 31.0 |  |  |
Interest rate | 7.38% | 7.38% | 7.38% |
Undated loan capital | £ 1.0 |  |  | 1.0
Other Subsidiaries £16 Million 5.63% Notes |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | £ 16.0 |  |  |
Interest rate | 5.63% | 5.63% | 5.63% |
Undated loan capital | £ 17.0 |  |  | 18.0
Other subsidiaries £4.9 Million 2.5% fixed notes |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | £ 4.9 |  |  |
Interest rate | 2.50% | 2.50% | 2.50% |
Undated loan capital | £ 3.0 |  |  | 3.0
Other subsidiaries, £140 million Non-cumulative preference shares of £1 |  |  |  |
Subordinated liabilities |  |  |  |
Notional amount | 140.0 |  |  |
Preference shares | £ 119.0 |  |  | £ 119.0
Par value per share | £ / shares | £ 1 |  |  |

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