News: National Australia Bank Ltd (NAB.AX)

NAB.AX on Australia Stock Exchange

33.64AUD
16 Sep 2014
Price Change (% chg)

$-0.16 (-0.47%)
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Thu, Sep 11 2014

Australia's NAB to move Scottish unit south if Scots vote for independence

SYDNEY - National Australia Bank (NAB) , the country's No.4 lender by market value, said contingency plans for its Scottish-based subsidiary included moving to England if Scotland votes to end its 307-year union with the rest of the United Kingdom.

Australia's NAB to move Scottish unit south if Scots vote for independence

SYDNEY, Sept 11 - National Australia Bank (NAB) , the country's No.4 lender by market value, said contingency plans for its Scottish-based subsidiary included moving to England if Scotland votes to end its 307-year union with the rest of the United Kingdom.

Fitch Rates NAB's Series 23 USD1.25bn Mortgage Covered Bonds 'AAA'; Stable Outlook

(The following statement was released by the rating agency) SYDNEY, September 10 (Fitch) Fitch Ratings has assigned National Australia Bank Limited's (NAB; AA-/Stable/F1+) Series 23 USD1.25bn mortgage covered bonds a rating of 'AAA' with a Stable Outlook. This brings the total outstanding issuance to AUD17.392bn. The fixed-rate bond is due in September 2019 and benefits from a 12-month extendable maturity. KEY RATING DRIVERS The rating is based on NAB's Long-Term Issuer Default Rating (IDR)

Fitch Rates NAB's Series 22 Tranche 2 Covered Bonds 'AAA'; Stable Outlook

(The following statement was released by the rating agency) SYDNEY, September 04 (Fitch) Fitch Ratings has assigned National Australia Bank Limited's (NAB; AA-/Stable/F1+) Series 22 Tranche 2 EUR500m tap of the existing Series 22 EUR750m mortgage covered bonds a rating of 'AAA' with a Stable Outlook. This brings the total outstanding issuance on Series 22 to EUR1.25bn. The fixed-rate bond is due in May 2021 and benefits from a 12-month extendable maturity. KEY RATING DRIVERS The rating is

Exclusive: National Australia Bank subsidiary files for U.S. IPO

NEW YORK - Great Western Bancorp Inc, the U.S. subsidiary of National Australia Bank Ltd , filed with U.S. regulators on Thursday for an initial public offering.

UPDATE 1-EXCLUSIVE-National Australia Bank subsidiary files for U.S. IPO

(Adds Great Western Bank confirmation, listing details, NAB comment)

New Issue- NAB adds 500 mln euros to 2021 bond

Guarantor Perpetual Corporate Trust Limited in its capacity

UPDATE 1-Australia's NAB Q3 profit up, UK challenges remain

SYDNEY, Aug 18 - National Australia Bank posted a 7 percent rise in third-quarter unaudited cash profit on Monday, led by higher mortgage growth and lower bad debt charges, while flagging higher provisions for its troubled UK business.

National Australia Bank Q3 cash profit up 7 pct

SYDNEY, Aug 18 - National Australia Bank on Monday posted a 7 percent rise in third quarter unaudited cash profit, led by higher mortgage growth and lower bad debt charges even as revenues dropped.

Australia's NAB sells $1 billion UK property loan portfolio

MELBOURNE - National Australia Bank Ltd has agreed to sell a 625 million pound ($1 billion) portfolio of mostly non-performing UK commercial property loans to an affiliate of private equity firm Cerberus Global Investors.

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