Company Profile For National Australia Bank Ltd

National Australia Bank Ltd (NAB.AX) (Australia Stock Exchange)
sector: Financials · industry: Banks ·
As of  5:10am GMT
27.01AUD
Price Change
-1.12
Percent Change
-3.98%
 
 
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Overview

National Australia Bank Limited is an Australia-based company. The Company, together with its subsidiaries, is engaged in banking services, credit and access card facilities, leasing, housing and general finance, international banking, investment banking, wealth management, funds management, life insurance, and custodian, trustee and nominee services. Effective October 1, 2009, the Company’s subsidiary, National Wealth Management Holdings Limited, completed the acquisition of Aviva Australia Holdings Limited. On October 30, 2009, National Wealth Management Holdings Limited completed the acquisition of 80.1% interest in Goldman Sachs JBWere's (GSJBW) private wealth management business in Australia and New Zealand, which will be branded JBWere. On October 30, 2009, National Australia Bank Limited completed the acquisition of Challenger Mortgage Management Holdings Pty Ltd.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 30 September 2009, National Australia Bank Ltd.'s interest income fell 21% to A$31.1B. Net interest income after LLP fell 2% to A$8.25B. Net income applicable to Common fell 45% to A$2.32B. Net Interest income reflects a decrease in interest income, partially offset by lower interest expenses. Net income also reflects by an increase in personal expenses and higher general expenses.

Company Address

National Australia Bank Ltd
Level 34
500 Bourke Street
Melbourne   VIC   3000
P: +613.86413500
F: +613.86414927

Total Employees

38953

Find Out More About NAB.AX

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