National Australia Bank
NAB net profit dip 2.5% to A$3.4b in H1 2025
NAB net profit dip 2.5% to A$3.4b in H1 2025
Net operating income rose 1.4%, and net interest income is 0.6% higher.
National Australia Bank’s credit losses to remain low
Its CET1 ratio is expected to rise once it concludes the sale of its stake in MLC Life Insurance.
NAB expands weekend access to Chadstone branch
The Australian bank has invested A$38m in renovating and upgrading its branches.
NAB removed nearly 600 fake websites and products in 2024
They use spoofed URLs, promotions that pressure quick decisions, and fake testimonials.
NAB customer alerts lead to 17% decline in scam losses
Customers are said to have abandoned $100m in possible scam payments.
National Australia Bank arm invests on digital asset custodian Zodia
Zodia aims to onboard Austrlia's home grown digital asset exchanges in its platform.
National Australia Bank appoints Andrew Irvine as new group CEO
He will also become NAB’s managing director, beginning 2 April.
NAB buys Citi’s Australian consumer business for $882m
Citi Australia’s senior management and about 800 employees are expected to join NAB.
Weekly Global News Wrap: Bank of England scraps pandemic curbs on dividends; JPMorgan posts jump in Q2 earnings
And four global banks to launch a pilot platform on voluntary carbon credits.
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