Hi Everybody
If we cast our mind back to keating recession that we had to have the bank to come out best was NAB.
Before then westpac was the biggest bank and they sailed pretty close to the wind in the recession.
If you look where NAB has stuffed up it is due to operation risks like Homeside and the currency trading scandal.
NAB have got a culture of being risk adverse with lending. I remember when other banks were madly chasing credit card business John Stewart more or less said he would only chase the business with minimal risk and priced correctly.
Cheers Hoisty
they have got good credit risk culture
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Last
$37.38 |
Change
0.130(0.35%) |
Mkt cap ! $115.6B | |||
| Open | High | Low | Value | Volume |
| $37.50 | $37.68 | $37.34 | $122.9M | 3.283M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4933 | $37.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.39 | 15863 | 3 |
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