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
1st Valley Bank seventy-fifth rural bank, initially starting with an initial capital of forty thousand pesos. It eventually became a member of the prestigious Rural Bankers Association of the Philippines on April 5, 1957. On April 3, 2004, the stockholders of the Rural Bank of Kapatagan Valley approved the recommendation of its Board of Directors to consolidate with the Rural Bank of Sinacaban. On August 30, 2005, the Securities and Exchange Commission issued the consolidated bank’s Certificate of Consolidation and the corresponding certificate of incorporation of the merged institution, by then known as 1st Valley Bank. The Bangko Sentral ng Pilipinas granted 1st