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Nationwide is bidding for a £50m fund from RBS, but why?

Posted

March 28, 2018

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Building societies typically deal in personal savings and mortgages.

Well that could be about to change, as Nationwide moves into business banking with £50m bid for an RBS fund created to encourage new entrants into a market notoriously dominated by the big 4.

Chief Executive Joe Garner spoke to Sky's Ian King.

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Chief Executive Joe GarnerSky's Ian King

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Nationwide is bidding for a £50m fund from RBS, but why? · Sky News · Sentinel