NAB national australia bank limited
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News: NAB NAB Says Sustained Low Rate Environments In Australia, NZ Expected To Impact Group NIM By...

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    05/11/20
    08:20
    Post #: 48651755

    Nov 5 (Reuters) - National Australia Bank Ltd (NAB) :

    • SUSTAINED LOW RATE ENVIRONMENTS IN AUSTRALIA AND NEW ZEALAND EXPECTED TO IMPACT GROUP NIM BY ABOUT 6BPS IN FY21
    • FY21 TIER 2 ISSUANCE EXPECTED TO BE ABOUT $5BN
    • COMMITMENT OF ENVIRONMENTAL FINANCING TARGET OF $70BN BY 2025
    • COMMITMENT TO REDUCE THERMAL COAL MINING FINANCING BY 50% BY 2028 TO BE EFFECTIVELY ZERO BY 2035
    • COMMITMENT TO SOURCE 100% OF OUR ELECTRICITY CONSUMPTION FROM RENEWABLE SOURCES BY 2025

    Source text https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02304887-3A554691?access_token=83ff96335c2d45a094df02a206a39ff4

    (([email protected];))

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