SYDNEY, Aug 11 (Reuters) - National Australia Bank (NAB) on Friday said its third-quarter cash profit rose 5 percent, helped by growth in its lending arm as well as a fall in bad debt expenses.
NAB's unaudited cash profit was A$1.7 billion ($1.34 billion) in the three months to June 30, according to a trading update, compared with A$1.6 billion a year ago. Bad and doubtful debt charges fell 12 percent to A$173 million. ($1 = 1.2718 Australian dollars)
News: National Australia Bank 3rd-qtr cash profit climbs 5 pct
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