GovWire

Correspondence: CMA takes action against NatWest for breaching Part 8 of the Retail Banking Order

Competition Markets Authority

November 11
09:59 2022

Details

NatWest breached Part 8 of the Retail Banking Order by failing to display the correct APR for an SME lending product offered by its Ulster Bank brand between 2017 and 2022. For some of this period no APR was displayed at all and for some of this period the interest rate (which is a component of the APR) was displayed instead of the APR

Published 11 November 2022

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