NAB national australia bank limited

News: NAB NAB Says will Keep Rural & Regional Australia Branches Open Until At Least Jan 2021

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    Dec 18 (Reuters) - National Australia Bank Ltd (NAB) :

    • NAB HAS LOST A LOT OF TRUST AND SIGNIFICANT CHANGES NEED TO BE MADE.
    • "WE HAVE TAKEN SOME IMPORTANT STEPS THIS YEAR BUT ACKNOWLEDGE THERE IS MUCH MORE TO BE DONE"
    • "BOARD UNDERSTANDS THAT WE GOT EXECUTIVE REMUNERATION WRONG LAST YEAR"
    • "AS PART OF COMMITMENT TO RURAL & REGIONAL AUSTRALIA, WE WILL KEEP BRANCHES IN THESE AREAS OPEN UNTIL AT LEAST JAN 2021"
    • OF 39 ROYAL COMMISSION RECOMMENDATIONS THAT RELATE TO NAB, HAVE COMPLETED FIVE & WORK ON OTHER 34 IS IN PROGRESS
    • SINCE JUNE 2018, HAVE RETURNED $276 MILLION TO CUSTOMERS THROUGH ABOUT 503,000 SEPARATE PAYMENTS
    • MAINTAIN CLOSE & CONSTRUCTIVE RELATIONSHIP WITH AUSTRAC BUT KNOW THAT WE HAVE NOT ALWAYS MET 100% OF THEIR REQUIREMENTS
 
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Last
$41.86
Change
0.150(0.36%)
Mkt cap ! $128.2B
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