NatWest CEO Rose Says Not Seeing Distress Among Customers

The transcript discusses the company's strong first-quarter results, highlighting a net interest margin of 3.27% and the impact of rising interest rates. Despite macroeconomic challenges, the company remains optimistic due to strong loan growth and low impairments. The discussion also covers the impact of banking sector turmoil, particularly in the US and Switzerland, on UK consumer behavior, which remained largely unaffected. The company observes rational consumer behavior, with customers managing budgets well and paying down debt, indicating resilience in the face of economic challenges.

How did the market disruption in March affect consumer behavior in the UK?

What measures are being taken to help customers manage their finances during inflationary impacts?