National Westminster Bank Plc

Financial Ombudsman decision DRN5286865 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Dec 22deadline to accept (not the decision date)

The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.

What this decision was about

Irresponsible lending, Interest and rates

In the Ombudsman’s words

The directors of T, a limited company, complain that National Westminster Bank Plc didn’t honour its promise of a loan.Irresponsible lending

The directors are also concerned NatWest didn’t adjust the interest rates on T’s existing loans when the base rate dropped.Interest and rates

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN5286865.pdf on financial-ombudsman.org.uk.

The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.