Westminster Bank of Westminster Bank, became first chairman of the fifth largest bank in the world. In 1969 David Robarts, former chairman of National Provincial, assumed Stirling's position. The statutory process of integration was completed in 1969 and the new company, National Westminster Bank Limited, opened its doors for business on 1 January 1970. NatWest, as it became known, is now part of The Royal Bank of Scotland Group. Westminster Bank Westminster Bank was a British retail bank which operated in England and Wales from 1834 until its merger into the National Westminster Bank in 1970; it continued to exist as a
International Investment Bank one vote, disregarding the countries’ shares in IIB’s capital. The authorized capital of the Bank is EUR 1.3 billion. The paid-in capital of the Bank is EUR 314.96 million. Moody's - "A3"; Fitch - "BBB"; Dagong - "A"; S&P Global Ratings - "BBB+" The agreement establishing the Bank was signed by the member states on July 10, 1970 and registered with the UN Secretariat under number 11417. The Bank began its activities on January 1, 1971. The member states of the Bank at the time of its foundation were: the People’s Republic of Bulgaria, the People’s Republic of Hungary, the