NAB 1.29% $38.30 national australia bank limited

News: NAB Record-low rates spur Australia M&A frenzy in 2021, page-12

  1. 593 Posts.
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    Nab dropped $2 in 6 weeks, shows how Banks are not progressing in their business model offerings . Alternate finance avenues now severly cutting margins even though mortage rates are low this appears to be whats saving the Bank at the moment. Its certainly not business loans. Have explored alternates and find that the Zip Business card gives more value and flexibility than business finance at 6.9%. Sure others are discovering same methods which will in comming years no doubt further impact Bank profit viability.
 
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