RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors. Speaking at a visit to Lightsource BP, one of the sustainable energy businesses supported by NatWest, RBS Chief Executive, Alison Rose said: “As the largest supporter of British businesses – and the biggest lender to the renewable energy sector in the UK – we have an important role to play in supporting Britain’s transition to a low or…
Read MoreTag: RBS
NatWest and RBS matching customer donations to provide £5m to National Emergencies Trust
NatWest and Royal Bank of Scotland have announced a donation-matching programme of up to £5m for the National Emergencies Trust (NET) Coronavirus appeal, aimed at leveraging a further £5m of support from the public. The move will mean that from Friday 3rd April, donations to the NET made by Reward Account customers via their Reward account balance, will be topped up on a matched basis up to £5m until the end of June. Reward account customers accrue a balance of Rewards which are earned by holding two or more direct…
Read MoreRBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market
RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors. Speaking at a visit to Lightsource BP, one of the sustainable energy businesses supported by NatWest, RBS Chief Executive, Alison Rose said: “As the largest supporter of British businesses – and the biggest lender to the renewable energy sector in the UK – we have an important role to play in supporting Britain’s transition to a low or…
Read MoreRBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023
RBS has announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses. The bank has also announced that it is setting a target to support and inspire 500K people to consider starting a business – of whom at least 60% will be female – in order to help create at least 50k new businesses by 2023. The Female Entrepreneurship Funding builds directly on a key finding from…
Read More