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Insider UK
Insider UK
Business
John Glover

Natwest swings to huge £4bn profit from previous year

NatWest has swung to a huge profit for the past year of £4bn as the bank released more money it held to one side during the Covid-19 pandemic.

The bank reported an operating pre-tax profit of £4bn in 2021, up from an operating pre-tax loss of £481m a year earlier.

The Edinburgh headquartered bank's operating profit for the whole group was £4.3bn.

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