Full Year 2022 Natwest Group PLC Earnings Call Transcript

Feb 17, 2023 / 09:00AM GMT
Operator

Good morning, and welcome to the NatWest Group Annual Results 2022 Management Presentation. Today's presentation will be hosted by Chairman, Howard Davies; CEO, Alison Rose; and CFO, Katie Murray.

(Operator Instructions)

Howard, please go ahead.

Howard John Davies - NatWest Group plc - Chairman of the Board

Good morning, everyone, and thank you for joining Alison, Katie and me for our full year 2022 results presentation. Against a difficult and uncertain backdrop with its times turbulent financial markets, NatWest Group delivered a strong financial performance in the year. We achieved continued growth in our lending and further progress against our strategy. In addition, the government shareholding fell below 50% for the first time since the financial crisis. They have continued to sell in the market and their stake is now well below 44%. While the majority's stake in itself had no material effect on the way the bank operates and the government did not and does not interfere in our commercial decisions, it was an important milestone

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