Oct 16 (Reuters) - National Australia Bank (NAB) said on Tuesday it would incur after-tax costs of A$314 million ($223.91 million) in connection with its customer remediation programme.
The charge would reduce second-half cash earnings by about A$261 million, the bank said in a statement.
NAB is due to report full-year earnings on November 1.
($1 = 1.4023 Australian dollars)
News: NAB National Australia Bank to incur $224 mln in customer remediation charges
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| NAB (ASX) Chart |