In other words, just another banking sector nonperformer. No excuses from me for yet another miss by NAB, and that uninspiring CEO. More of the same from them, historical embedded culture, poor systems, unable to deal with an emerging economy. NIM's spreads are very supportive for the sector and a good economy, but meaningless for NAB.
NAB Price at posting:
$26.90 Sentiment: None Disclosure: Held
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