May 4 (Reuters) - National Australia Bank Ltd (NAB) :
- CONTINUE TO MAINTAIN A DISCIPLINED APPROACH IN HOME LENDING
- NIM IMPACT OF RBA CASH RATE INCREASES ON UNHEDGED DEPOSITS PEAKED IN 1H23 – FURTHER IMPACTS EXPECTED TO BE MODEST IN H2
- FOR H2, HOUSING LENDING COMPETITIVE PRESSURES LIKELY TO CONTINUE
- SEES ONGOING HEADWINDS FROM DEPOSIT COMPETITION AND MIX IN H2
- OVERALL COST TO INCOME RATIO FOR FY23 EXPECTED TO BE LOWER THAN FY22
- SEES EU-RELATED COSTS EXPECTED TO BE A$80-120M IN FY23 AND FY24
- IMPACT ON CONSUMPTION GROWTH EXPECTED ACROSS 2023 FOR RETAIL TRADE
- TRENDS ASSOCIATED WITH PENT-UP DEMAND AND HIGH CONSUMER SAVINGS RATES POST COVID-19 NOW APPEAR TO BE MODERATING FOR RETAIL TRADE
May 4 (Reuters) - National Australia Bank Ltd (NAB) : CONTINUE...
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