Aug 15 (Reuters) - National Australia Bank Ltd (NAB) :
- Nab 2016 third quarter trading update (NAB)
- Says on statutory basis, unaudited net profit attributable to owners of company for June quarter was approximately $1.6 billion
- Qtrly unaudited cash earnings for continuing operations were approximately $1.6 billion, down 3 percent
- Group's common equity tier 1 (cet1) ratio was 9.5% at 30 June 2016
- Group's cet1 target ratio remains 8.75% - 9.25%, based on current regulatory requirements
- Group's leverage ratio at 30 June 2016 was 4.9% on an apra basis
- Charge for bad and doubtful debts for the quarter rose 21% to $228 million
- June quarter, on cash earnings basis for continuing operations, revenue was broadly stable compared with quarterly average of March 2016 HY
News: NAB National Australia Bank says June-qtr statutory net profit about $1.6 bln
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