XML 329 R119.htm IDEA: XBRL DOCUMENT v3.25.0.1

Financial instruments - valuation - Adjustments (Details) - GBP (£) £ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financial instruments - classification
Funding valuation adjustments	£ 123	£ 132
Credit valuation adjustments	190	236
Bid - offer	76	86
Product and deal specific	157	103
Total	546	557
Product and deal specific
Net (gains) carried forward	139	78
Net gains deferred	218	119
Net gains recognized in the income statement	157	115
Accumulated changes in fair value	£ 44	£ 0

X

- Definition

The accumulated increase (decrease) in the fair value of financial liabilities that is attributable to changes in the credit risk of the liabilities. [Refer: Credit risk [member]; Market risk [member]; Increase (decrease) in fair value of financial liability, attributable to changes in credit risk of liability]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2024-01-01
-Paragraph 10
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_10_a&doctype=Standard
-URIDate 2024-03-27

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2024-01-01
-Paragraph 10A
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_10A_a&doctype=Standard
-URIDate 2024-03-27

+ Details

Name:	ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfFinancialInstrumentsAbstract
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The amount of Bid offer represents the fair value positions are adjusted to bid (long positions) or offer (short positions) levels, by marking individual cash positions directly to bid or offer or by taking bid-offer reserves calculated on a portfolio basis for derivatives exposures.

+ References

No definition available.

+ Details

Name:	nwg_BidOfferAdjustments
Namespace Prefix:	nwg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The amount of Credit valuation adjustments represent an estimate of the adjustment to fair value that a market participant would make to incorporate the counterparty credit risk inherent in derivative exposures.

+ References

No definition available.

+ Details

Name:	nwg_CreditValuationAdjustments
Namespace Prefix:	nwg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The amount of financial instrument valuation adjustments in the trading books. Adjustments are made to mid-market valuations to cover bid-offer spread, liquidity and credit risk.

+ References

No definition available.

+ Details

Name:	nwg_FinancialInstrumentsValuationAdjustments
Namespace Prefix:	nwg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The amount of Funding valuation adjustments represents an estimate of the adjustment to fair value that a market participant would make to incorporate funding costs and benefits that arise in relation to uncollateralised derivative exposures

+ References

No definition available.

+ Details

Name:	nwg_FundingValuationAdjustments
Namespace Prefix:	nwg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The gains (losses) on financial assets and liabilities at fair value carried forward upon initial recognition.

+ References

No definition available.

+ Details

Name:	nwg_GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueCarriedForwardUponInitialRecognition
Namespace Prefix:	nwg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The gains (losses) on financial assets and liabilities at fair value deferred upon initial recognition.

+ References

No definition available.

+ Details

Name:	nwg_GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueDeferredUponInitialRecognition
Namespace Prefix:	nwg_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

The gains (losses) on financial assets and liabilities at fair value through profit or loss that were designated as such upon initial recognition.

+ References

No definition available.

+ Details

Name:	nwg_GainsLossesOnFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossDesignatedAsUponInitialRecognition
Namespace Prefix:	nwg_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	nwg_ProductAndDealSpecificAbstract
Namespace Prefix:	nwg_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The amount of product and deal specific adjustment in financial instruments valuation.

+ References

No definition available.

+ Details

Name:	nwg_ProductAndDealSpecificAdjustments
Namespace Prefix:	nwg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant