Natwest are part of the RBS (Royal Bank of Scotland) banking group which has set aside £850 million to refund PPI policies. This has caused pre-tax profits to decrease £794 million in the first half of 2011.
As part of the RBS group Natwest received an enormous amount of complaints during 2011 and can be considered one of the top ten most complained about financial institutions in the UK. It is safe to assume that a large percentage of these complaints were in regards to mis-sold payment protection insurance, as a group they have the third largest mis-sold PPI refund bill.
If you have a loan or credit card with Natwest, Then it is likely you had a Natwest PPI policy attached which could have been mis-sold. If you would like to find out more about how to reclaim PPI from Natwest then contact Petitions Direct today.
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