Australia's NAB expects no material loss from Dubai exposure

SYDNEY Nov 30 (Reuters) - Australia's largest bank National Australia Bank (NAB.AX) said on Monday it has exposure to troubled firm Dubai World [DBLD.UL] but said it does not expect to suffer a material loss.

Dubai World rattled financial markets last week on news that it wants to delay its debt repayments. Dubai World has $59 billion of liabilities. (Reporting by Koh Gui Qing; Editing by Michael Perry) ((Guiqing.Koh@ThomsonReuters.com; Reuters Messaging; guiqing.koh.reuters.com@reuters.net; +61 2 9373 1821)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))