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    NAB   AU000000NAB4

NATIONAL AUSTRALIA BANK LIMITED

(NAB)
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NAB CEO: We're here to help

07/26/2021 | 06:20pm EDT

With much of the country now in lockdown, some of our customers have lost income and are in financial difficulty. This is through no fault of their own.

If you are in this situation, we are here to help. I'm writing to make sure you know what financial support we can offer you. If you, or anyone you know who banks with us, needs financial support from NAB, we will do what we can to help. Everyone's situation is different, so support starts with a conversation. Please contact us for help online or call 1800 701 599.

Financial support available

It can feel overwhelming but financial difficulty can be managed. It's important that you contact us as soon as you start to struggle. Our options for supporting you include:

  • Temporarily reducing payments on loans or credit cards
  • Giving you a temporary payment break on loans or credit cards
  • Consolidating debt where appropriate
  • Waiving fees and charges to withdraw term deposits early
  • Free professional and confidential counselling

Accessing this kind of support won't affect your credit rating or credit score, so please don't hesitate to contact us.

COVID-safe banking

Banking is an essential service, so our branches remain open although some are on reduced hours to support our colleagues as they also manage the impacts of COVID. Our teams are doing everything they can to make sure those environments are safe, with strict check-ins and mask-wearing. All our ATMs are operating and are regularly cleaned and disinfected.

With NAB Internet Banking and the NAB app, you can access your banking from home. You can learn more about the safe and secure ways you can bank and manage your money online on our website. Our call centres are operating as normal, and our colleagues are well prepared to have conversations about financial support for customers affected by lockdowns.

To find the latest information and resources available to support you, go to nab.com.au/coronavirus

Here to serve you

We are your bank. We're here to serve you well, and we'll do whatever we can to support you through these tough times. Vaccinations are our way out, which is why I've had mine and I'm encouraging all our staff to do the same when they're eligible.

Thank you for banking with us.

Yours sincerely,

Ross McEwan

CEO, National Australia Bank

Disclaimer

NAB - National Australia Bank Ltd. published this content on 26 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2021 22:19:04 UTC.


ę Publicnow 2021
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Analyst Recommendations on NATIONAL AUSTRALIA BANK LIMITED
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Financials
Sales 2021 16 938 M 12 257 M 12 257 M
Net income 2021 6 169 M 4 464 M 4 464 M
Net Debt 2021 - - -
P/E ratio 2021 14,9x
Yield 2021 4,59%
Capitalization 88 151 M 64 012 M 63 791 M
Capi. / Sales 2021 5,20x
Capi. / Sales 2022 5,01x
Nbr of Employees 31 696
Free-Float 99,0%
Chart NATIONAL AUSTRALIA BANK LIMITED
Duration : Period :
National Australia Bank Limited Technical Analysis Chart | NAB | AU000000NAB4 | MarketScreener
Technical analysis trends NATIONAL AUSTRALIA BANK LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 26,91 AUD
Average target price 28,56 AUD
Spread / Average Target 6,13%
EPS Revisions
Managers and Directors
Ross Maxwell McEwan Group CEO, Managing Director & Director
Gary A. Lennon Group Chief Financial Officer
Philip Wayne Chronican Chairman
Patrick C. Wright Chief Technology Officer
Leslie Durno Matheson Chief Operating Officer
Sector and Competitors