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Lombard North Central, trading as Lombard, is a finance company specialising in asset based lending. It is one of the largest finance houses in the United Kingdom and part of the ring-fenced business of NatWest Group. The company started life hiring out rolling stock to the railways in 1861.
Coutts & Co. is a wholly owned subsidiary of NatWest. NatWest Holdings includes the Lombard North Central asset finance business and RBS Invoice Finance (Holdings).. As authorised brands of Royal Bank of Scotland, the ring-fenced group also covers Messrs. Drummond and Holt's Military Banking, the only remaining branches of RBS operating in England and Wales.
NatWest Group — is a holding company containing NatWest Holdings Limited (NatWest, Royal Bank of Scotland, Ulster Bank, NatWest Markets, Coutts, and Lombard North Central), RBS International, Drummonds Bank, and Isle of Man Bank. Established in 1969, its headquarters is in Edinburgh, Scotland.
Lombard North Central [60] Structurally, National Westminster Bank was a wholly owned subsidiary of The Royal Bank of Scotland Group until 2003, when ownership of the bank's entire issued ordinary share capital was transferred to The Royal Bank of Scotland as holding company, with RBS Group functioning as ultimate holding company.
NatWest Group plc [1] is a British banking and insurance holding company, based in Edinburgh, Scotland.. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and corporate finance.
1969: Lombard North Central established Lombard Bank (Malta) (now Lombard Bank Malta). 1975: The Maltese government purchased 25% of Lombard Bank Malta. 1981: The Maltese government purchased 35% of Lombard Bank Malta. 1988: NatWest, unable to find a buyer, sold its remaining shares to the government. 1990: In April 1990 the bank became a ...
Williams & Glyn's Bank Limited was established in London in 1970, when the Royal Bank of Scotland merged its two subsidiaries in England and Wales, Williams Deacon's Bank Ltd. and Glyn, Mills & Co. [2] In 1985, Williams & Glyn's was fully absorbed into the Royal Bank of Scotland and ceased to trade separately.
Lombard Banking was acquired by National Westminster Bank in 1970 and merged with North Central Finance in 1971, to form Lombard North Central. In 1975, Lombank Canada became Lombard NatWest Canada Ltd. and the following year the share capital passed from Lombard North Central to National Westminster Bank and it was renamed NatWest Canada ...
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