NAB national australia bank limited

News: NAB Australia's NAB flags A$325 mln cash reduction for H1 2019

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    April 18 (Reuters) - National Australia Bank Ltd (NAB) on Thursday flagged an estimated A$325 million ($233.19 million) hit to cash earnings for the first half of this year as a result of increased provisions for customer refunds.

    The lender also announced additional charges of A$525 million after tax in connection with the provisions in a statement to the Australian Stock Exchange. ($1 = 1.3937 Australian dollars)

 
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Last
$42.94
Change
0.990(2.36%)
Mkt cap ! $131.5B
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