The government has sold its remaining shares in Natwest and the bank was rescued during the 2008 financial crisis as taxpayers were confirmed a loss of £ 10.5BN.
It means Natwest, which was earlier called RBSFor the first time, he has returned to personal ownership as it was granted bail.
Treasury has been a stakeholder since the bank received a fund of about £ 46 billion in 2008 and 2009.
Chancellor Rahel reeves Said: “About two decades ago, the then government stepped into the results of the collapse of RBS to protect millions of saver and businesses.
“It was then the right decision that was to secure the economy and the return of Natwest in private ownership replaces the page on an important chapter in the history of this country.”
The owners of the Natwest said it was a “important” moment and thanked the taxpayers for saving it 17 years ago.
This is a braking story, more to follow …