NatWest Group (NWG) said Friday it returned to full private ownership after the UK government sold its remaining stake in the group to end a 17-year state ownership since the global financial crisis.

The UK Treasury owned 84.4% of NatWest after a taxpayer bailout in 2008 and 2009. The government's shareholding was reduced in the following years via several accelerated book builds and share buyback plans, the lender said.

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