New Entity Natwest Bank Europe Gmbh To Support Clients In Eea And Switzerland

NatWest Group Establishes Base in Frankfurt Amid Brexit Uncertainty

New Entity, NatWest Bank Europe GmbH, to Support Clients in EEA and Switzerland

Thomas Jakob Appointed as CEO and Chairman of the Board

Amidst ongoing Brexit negotiations, NatWest Group has announced the establishment of NatWest Bank Europe GmbH in Frankfurt, Germany. This new entity will serve as the hub for the group's corporate banking activities in the European Economic Area (EEA) and Switzerland.

Thomas Jakob, a seasoned banking executive with extensive experience in the region, has been appointed as the CEO and Chairman of the Board of NatWest Bank Europe GmbH. He will be responsible for overseeing the operations and growth of the bank in the EEA and Switzerland.

NatWest Group's decision to establish a presence in Frankfurt is a strategic move in response to the potential economic and regulatory changes associated with Brexit. The bank seeks to ensure continuity of service and support for its clients across the EEA and Switzerland, regardless of the outcome of the negotiations.

The new entity will be headquartered in Frankfurt am Main, Germany, and will complement NatWest Group's existing operations in the region. Clients with inquiries regarding the Frankfurt branch can contact the bank's request management team.

NatWest Bank Europe GmbH's establishment demonstrates the bank's commitment to supporting its clients in the face of Brexit uncertainty. By establishing a presence in Frankfurt, NatWest Group aims to provide stability and continuity for its customers in the EEA and Switzerland.