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National Australia Bank Limited (ASX:NAB) says it’s still focused on growth in the United Kingdom, after Moody’s downgraded NAB’s UK-based Clydesdale Bank’s ratings by a notch, warning it may cut ratings further, citing a possible sale of the business.
Moody’s says the discussion about a potential sale by NAB senior management has raised questions about NAB’s long-term commitment to the UK market.
NAB is said to have rejected a $3 billion offer from Sun Capital for Clydesdale in recent weeks.
In the first half of its 2011 financial year National Australia Bank recorded a net profit of $2.4 billion.
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Last
$43.79 |
Change
0.430(0.99%) |
Mkt cap ! $134.1B | |||
| Open | High | Low | Value | Volume |
| $43.43 | $43.90 | $43.34 | $519.6M | 12.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $43.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.83 | 902 | 1 |
View Market Depth
| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |