NAB is concerned with business banking so small and medium size businesses included. Recession (which is a near-term risk and therefore concern atm) would put businesses in an extremely vulnerable and sometimes catastrophic situation (liquidation) and therefore NAB would be the most exposed of the 4 banks to bad debt. CBA would be in the same place but with mortgage defaults
NAB Price at posting:
$25.85 Sentiment: None Disclosure: Not Held
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