NAB national australia bank limited

NAB money laundering and counter-terrorist financing laws, page-244

  1. 15,660 Posts.
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    Banking system in the US is entirely different than in Australia though we need to understand.

    Bank collapses in the US are not uncommon. There are certain regulatory safeguards in Australia that the US does not have.

    Certainly, Aussie banks re at premium prices but in a high interest environment, that is also understandable.

    Given that Australian banks are very profitable and pay high dividends then maybe NAB is fairly priced at around $35.

    Big 4 are fairly safe and profitable investments.
 
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