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BRIEF-National Australia Bank says FY ‍net interest margin down 3 basis points excluding markets & treasury​
November 1, 2017 / 9:28 PM / 23 days ago

BRIEF-National Australia Bank says FY ‍net interest margin down 3 basis points excluding markets & treasury​

Nov 2 (Reuters) - National Australia Bank Ltd

* FY ‍net interest margin down 3 basis points or up 1 bp excluding markets & treasury​

* “Cost savings of greater than $1 billion are targeted by the end of FY20 as we further simplify our business”‍​

* “Estimated $1.5 billion increase in investment by the end of FY20‍​”

* Board expects to maintain FY18 dividends at the FY17 level‍​ Source text for Eikon: Further company coverage:

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