Business
NWG plc 2024 Interim Results - Part 1 of 2
NWG plc 2024 Interim Results - Part 1 of 2.
About this update from Natwest Group Plc
[{"type":"text","content":"\n\nInside this report\n \n\n\n\n\nBusiness performance summary\n\n\n\n\n2\n\n\nH1 2024 performance summary\n\n\n\n\n4\n\n\nPerformance key metrics and ratios\n\n\n\n\n6\n\n\nChief Financial Officer review\n\n\n\n\n8\n\n\nRetail Banking\n\n\n\n\n9\n\n\nPrivate Banking\n\n\n\n\n10\n\n\nCommercial & Institutional\n\n\n\n\n11\n\n\nCentral items & other\n\n\n\n\n12\n\n\nSegment performance\n\n\n\n\n \n\n\n \n\n\n\n\nRisk and capital management\n\n\n\n\n17\n\n\nCredit risk\n\n\n\n\n17\n\n\nEconomic loss drivers\n\n\n\n\n21\n\n\nGovernance and post model adjustments\n\n\n\n\n23\n\n\nMeasurement uncertainty and ECL\n sensitivity analysis\n\n\n\n\n25\n\n\nMeasurement uncertainty and ECL\n adequacy\n\n\n\n\n26\n\n\nCredit risk - Banking activities\n\n\n\n\n26\n\n\nFinancial instruments within the scope of the\n IFRS 9 ECL framework\n\n\n\n\n27\n\n\nSegment analysis - portfolio summary\n\n\n\n\n30\n\n\nSegment loans and impairment metrics\n\n\n\n\n31\n\n\nSector analysis - portfolio summary\n\n\n\n\n37\n\n\nWholesale forbearance\n\n\n\n\n39\n\n\nPersonal portfolio\n\n\n\n\n42\n\n\nCommercial real estate\n\n\n\n\n43\n\n\nFlow statements\n\n\n\n\n \n\n \n \n\n\n\n\nRisk and capital management continued\n\n\n\n\n51\n\n\nStage 2 decomposition by a significant\n increase in credit risk trigger\n\n\n\n\n53\n\n\nAsset quality\n\n\n\n\n57\n\n\nCredit risk - Trading activities\n\n\n\n\n60\n\n\nCapital, liquidity and funding risk\n\n\n\n\n71\n\n\nNon-traded market risk\n\n\n\n\n76\n\n\nTraded market risk\n\n\n\n\n76\n\n\nPension risk\n\n\n\n\n76\n\n\nCompliance and conduct risk\n\n\n\n\n \n\n\n\n\n\n\n\nFinancial statements and notes\n\n\n\n\n77\n\n\nCondensed consolidated income statement\n\n\n\n\n78\n\n\nCondensed consolidated statement of\n comprehensive income\n\n\n\n\n79\n\n\nCondensed consolidated balance sheet\n\n\n\n\n80\n\n\nCondensed consolidated statement of\n changes in equity\n\n\n\n\n82\n\n\nCondensed consolidated cash flow statement\n\n\n\n\n83\n\n\nPresentation of condensed consolidated\n financial statements\n\n\n\n\n83\n\n\nNet interest income\n\n\n\n\n84\n\n\nNon-interest income\n\n\n\n\n85\n\n\nOperating expenses\n\n\n\n\n86\n\n\nSegmental analysis\n\n\n\n\n89\n\n\nTax\n\n\n\n\n90\n\n\nFinancial instrume...