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National Australia Bank

From Simple English Wikipedia, the free encyclopedia
National Australia Bank Limited
Company typePublic
asx:NAB
IndustryBanking, financial services
Founded1982 (as National Commercial Banking Corporation of Australia Limited)
Headquarters700 Bourke Street
Docklands, Melbourne, Australia
Area served
Australia
Key people
ProductsBusiness banking
Consumer banking
Wholesale banking
Wealth management
Insurance[1]
RevenueIncrease A$ 19.101 billion (2018)[2]
Increase A$ 5.554 billion (2018)[2]
Total assetsIncrease A$ 806.51 billion (2018)[2]
Number of employees
35,063 (2016)[3]
Websitenab.com.au

National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia in terms of market capitalisation, earnings and customers.[4] NAB was ranked 21st largest bank in the world measured by market capitalisation[5] and 52nd largest bank in the world as measured by total assets in 2019.[6] As of November 2014 NAB operated 1,590 branches and service centres; and 4,412 ATMs across Australia, New Zealand and Asia serving 12.7 million customers.[7]

NAB has a "AA-" long term issuer rating by Standard & Poor's[source?]

References

[change | change source]
  1. "National Australia Bank Ltd (NAB.AX) Company Profile". Reuters. Archived from the original on 5 February 2017. Retrieved 3 April 2015.
  2. 2.0 2.1 2.2 "Full Year Results 2018" (PDF). National Australia Bank. 1 November 2018. Retrieved 26 May 2019.
  3. "2016 Half Year Results announcement" (PDF). 2016 Half Year results. Retrieved 6 May 2016.
  4. "NAB". Australasian Centre for Corporate Responsibility. Archived from the original on 2018-03-13. Retrieved 2020-10-26.
  5. "NAB, ANZ forced to defend fossil fuel funding at AGMs". East & Partners. 22 December 2014. Archived from the original on 2 April 2016. Retrieved 22 December 2015.
  6. Garrido, Francis; Chaudhry, Saqib (5 April 2019). "The world's 100 largest banks". Standard & Poor. Retrieved 8 September 2019.
  7. "Annual Report 2014" (PDF). National Australia Bank. 14 November 2014. Archived from the original (PDF) on 8 April 2015. Retrieved 3 April 2015.

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