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National Australia Bank Ltd.

NAB.AX

Latest Trade

26.86AUD

Change

0.19(+0.71%)

Volume

5,997,252

Today's Range

26.76

 - 

26.97

52 Week Range

16.56

 - 

27.84

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Latest Developments

Fitch Expects No Immediate Rating Impact On NAB From AUSTRAC Referral

June 8 (Reuters) - Fitch Ratings::NO IMMEDIATE RATING IMPACT ON NATIONAL AUSTRALIA BANK FROM AUSTRAC REFERRAL.DOES NOT EXPECT NAB'S RATINGS TO BE IMMEDIATELY AFFECTED BY AUSTRAC REFERRAL OF POTENTIAL ANTI-MONEY LAUNDERING & COUNTER-TERRORISM FINANCING NON-COMPLIANCE.VIEW ON NAB MAY CHANGE IF AUSTRAC PROBE UNCOVERS SHORTCOMINGS THAT LEAD TO REASSESSMENT OF MANAGEMENT VIEW, STRATEGY.

NAB Says AUSTRAC Initiated Formal Enforcement Investigation Against Co

June 7 (Reuters) - National Australia Bank Ltd <NAB.AX>::NAB ADVISED OF REFERRAL TO AUSTRAC ENFORCEMENT TEAM-NAB.AX.INFORMED BY AUSTRAC IT HAS IDENTIFIED SERIOUS CONCERNS WITH NAB'S COMPLIANCE WITH ANTI-MONEY LAUNDERING & COUNTER-TERRORISM FINANCING ACT 2006.AUSTRAC'S ENFORCEMENT TEAM HAS INITIATED A FORMAL ENFORCEMENT INVESTIGATION.AUSTRAC STATED THAT IT HAS NOT MADE ANY DECISION ABOUT WHETHER OR NOT ENFORCEMENT ACTION WOULD BE TAKEN.AUSTRAC STATED THAT, AT THIS STAGE, IT IS NOT CONSIDERING CIVIL PENALTY PROCEEDINGS.CONCERNS HAVE BEEN REFERRED TO AUSTRAC'S ENFORCEMENT TEAM, WHICH HAS INITIATED A FORMAL ENFORCEMENT INVESTIGATION.AUSTRAC'S VIEW THERE IS "POTENTIAL SERIOUS, ONGOING NON-COMPLIANCE" WITH CUSTOMER IDENTIFICATION PROCEDURES WITH PART A OF CO'S AML/CTF PROGRAM.NAB CEO ROSS MCEWAN SAID NAB WOULD CONTINUE TO COOPERATE WITH AUSTRAC IN ITS INVESTIGATIONS.

NAB Notes Media Report On FSU Legal Action Claiming Some Colleagues Are Eligible For Remediation Payment

May 26 (Reuters) - National Australia Bank Ltd <NAB.AX>::NOTES MEDIA REPORT ON FSU LEGAL ACTION CLAIMING THAT FULL TIME COLLEAGUES ARE ELIGIBLE FOR A REMEDIATION PAYMENT.ISSUE RAISED BY FSU DOES NOT IMPACT FULL TIME COLLEAGUES.ISSUE OF HOURS WORKED ONLY IMPACTS SOME CURRENT AND FORMER COLLEAGUES IN GROUP 3 AND ABOVE.IDENTIFIED 3,200 CURRENT AND FORMER COLLEAGUES IMPACTED BY THE PART TIME ISSUE.HAVE PAID ALL CURRENT COLLEAGUES AND ARE NOW IN PROCESS OF CONTACTING FORMER COLLEAGUES.

NAB To Proceed With 86 400 Acquisition Following Federal Court Approval

May 11 (Reuters) - National Australia Bank Ltd <NAB.AX>::NAB TO PROCEED WITH 86 400 ACQUISITION.FEDERAL COURT OF AUSTRALIA MADE ORDERS APPROVING SCHEME OF ARRANGEMENT FOR 86 400 ACQUISITION.SCHEME EXPECTED TO BECOME EFFECTIVE ON 12 MAY AND IMPLEMENTATION EXPECTED TO OCCUR ON 19 MAY.86 400 AND UBANK WILL CONTINUE TO OPERATE AS SEPARATE BUSINESSES IN SHORT TERM WITH NO IMMEDIATE CHANGES EXPECTED FOR CUSTOMERS OF EITHER BUSINESS.

NAB Declares Interim Dividend Of 60 Cents Per Share

May 6 (Reuters) - National Australia Bank Ltd <NAB.AX>::DECLARES INTERIM DIVIDEND OF 60 CENTS PER SHARE.HY REVENUE FROM ORDINARY ACTIVITIES DOWN 1.5% TO $8,255 MILLION.AT MARCH-END, GROUP CET1 RATIO 12.37%.HY CASH EARNINGS $3,343 MLN, UP 94.8% ON 1H20.HY NET PROFIT ATTRIBUTABLE UP 144.3% TO $3,208 MILLION.IN HY, TOTAL CREDIT IMPAIRMENT WRITE-BACK $128 MILLION VERSUS CHARGE OF $1,161 MILLION.HY NET INTEREST MARGIN 2.05%.REBOUND OF AUNZ ECONOMIES HAS BEEN BETTER THAN EXPECTED, BUT RISK REMAIN AND THE RECOVERY IS NOT EVEN.CONTINUE TO EXPECT MODEST EXPENSE GROWTH IN FY21 OF 0-2%.

NAB Announces Disaster Relief Package For Customers Impacted By Tropical Cyclone Seroja

April 12 (Reuters) - National Australia Bank Ltd <NAB.AX>::NAB ANNOUNCED DISASTER RELIEF PACKAGE FOR CUSTOMERS IN REGIONS IMPACTED BY TROPICAL CYCLONE SEROJA.

IBI Group Says Disposed 96,600 NAB Shares

March 31 (Reuters) - IBI Group Holdings Ltd <1547.HK>::DISPOSED ON OPEN MARKET A TOTAL OF 96,600 NAB SHARES FOR A$2.5 MILLION.SEES GAIN OF HK$6.5 MILLION FROM DISPOSAL.

Australian Competition And Consumer Commission Says Will Not Oppose Proposed Acquisition Of 86 400 Holdings By National Australia Bank

March 30 (Reuters) - Australian Competition And Consumer Commission::WILL NOT OPPOSE PROPOSED ACQUISITION OF 86 400 HOLDINGS BY NATIONAL AUSTRALIA BANK.

Australia's ASIC Commences Proceedings Against NAB For Misrepresentations Over Account Fees

Feb 25 (Reuters) - Australia's ASIC: :COMMENCED PROCEEDINGS AGAINST NAB FOR MISREPRESENTATIONS OVER ACCOUNT FEES.ALLEGES NAB CHARGED FEES FOR MAKING CERTAIN PERIODIC PAYMENTS WHEN NOT ENTITLED TO UNDER BANK’S CONTRACTS WITH CUSTOMERS.ALLEGES BETWEEN FEB 2015 AND FEB 2019, NAB CHARGED FEES FOR PERIODIC PAYMENTS ON AT LEAST 195,305 OCCASIONS TOTALLING $365,454.NAB FEES CHARGED WHEN NOT CONTRACTUALLY ENTITLED TO DO SO TO 4,874 PERSONAL BANKING CUSTOMERS & 913 BUSINESS BANKING CUSTOMERS.

NAB Announces Cuts To Some Fixed Home Loan Rates Of Up To 55 Basis Points

Feb 22 (Reuters) - National Australia Bank Ltd <NAB.AX>::ANNOUNCES CUTS TO SOME FIXED HOME LOAN RATES OF UP TO 55 BASIS POINTS, INCLUDING A SECOND RATE BELOW 2%.CURRENTLY FORECASTING HOUSE PRICE GROWTH OF AROUND 10% FOR AUSTRALIA'S CAPITALS IN 2021.BOTH CO'S 3- AND 4-YEAR FIXED RATES FOR OWNER-OCCUPIERS PAYING PRINCIPAL & INTEREST ARE NOW BELOW 2%.SEEING VERY STRONG DEMAND IN HOUSING MARKET WITH ACTIVITY POST-CHRISTMAS PICKING UP MUCH MORE QUICKLY THAN USUAL.EXPECT CURRENT TRENDS IN HOME LENDING APPLICATIONS TO CONTINUE IN NEAR-TERM.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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