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National Australia Bank (ASX:NAB) has transferred almost $600 million in capital to its UK subsidiary, Clydesdale Bank, to strengthen its balance sheet.
The transaction will increase the UK bank’s Tier 1 capital ratio by 1.4 per cent.
NAB says the addition of £400 million was a transfer of capital that didn’t change its overall capital ratios.
Clydesdale chief executive David Thorburn says the increase continues his bank’s focus on maintaining a conservative level of liquidity.
In the 2011 financial year the NAB posted an annual net profit of $5.2 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 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |