Credit ratings

Current credit ratings for RBS Group and its major subsidiaries.

Royal Bank of Scotland Group Plc

Short Term Long Term Outlook Credit Reports
Moody's NP Ba1 Positive
S&P A-3 BBB- Positive
Fitch F2 BBB+ Stable

Royal Bank of Scotland Plc

Short Term Long Term Outlook Credit Reports
Moody's P-2 A3 Positive
S&P A-2 BBB+ Positive
Fitch F2 BBB+ Stable

National Westminster Bank Plc

Short Term Long Term Outlook Credit Reports
Moody's P-2 A3 Positive
S&P A-2 BBB+ Positive
Fitch F2 BBB+ Stable

Royal Bank of Scotland N.V.

Short Term Long Term Outlook Credit Reports
Moody's P-2 A3 Positive
S&P A-2 BBB+ Positive
Fitch F2 BBB+ Stable

Ulster Bank Ltd

Short Term Long Term Outlook Credit Reports
Moody's P-2 A3 Stable
S&P A-2 BBB Positive
Fitch F2 BBB+ Stable

Ulster Bank Ireland Ltd

Short Term Long Term Outlook Credit Reports
Moody's P-3 Ba1 Stable
S&P A-2 BBB Positive
Fitch F2 BBB Stable

RBS Securities Inc

Short Term Long Term Outlook Credit Reports
S&P A-2 BBB+ Positive
Fitch F2 BBB+ Stable

Further details on RBS’s secured funding programmes are provided in the Securitisation and Covered bond sections of this website.

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