Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. National Australia Bank Limited
  6. News
  7. Summary
    NAB   AU000000NAB4

NATIONAL AUSTRALIA BANK LIMITED

(NAB)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

National Australia Bank : NAB backs the ‘jab' with new campaign

09/09/2021 | 07:12pm EDT

Today, National Australia Bank is replacing 'nab' with 'jab' across various assets and channels to encourage Australians to get vaccinated against Covid-19, and help the nation open up again.

The campaign will be shown on TV commercials, billboards and online, as well as on signage at grounds for the remainder of the AFL finals series.

In a message to NAB colleagues about the campaign yesterday, NAB Chief Operating Officer Les Matheson said: 'Getting as many Australians vaccinated is key to unlocking greater freedoms and protection for our customers, colleagues, and the community. And as Australia's leading business bank, we want to champion getting Australia back to business by delivering hope and optimism and supporting the community's vaccination push.'

NAB CEO Ross McEwan has been a vocal supporter of the national vaccination roll-out. Speaking to the House of Representatives Standing Committee on Economics yesterday, he called for the government to provide more detail on how vaccinated residents would be allowed greater freedoms once Australia hit its 80 per cent vaccination target. Current forecasts show 80 per cent of eligible Australians will have had their first jab within three weeks, and their second jab by mid-November.

'This is our light at the end of the tunnel. Our communities need hope. Our businesses need clarity, to plan for the future,' said Mr McEwan, who is fully vaccinated.

Australia's National Cabinet plan states that when we hit the 80 per cent vaccination target, vaccinated residents will be exempt from all domestic restrictions.

European countries have already implemented a vaccine pass, allowing vaccinated people to attend restaurants, sporting events, major concerts and domestic travel.

'Australia needs its own national vaccine pass, providing similar freedoms, ready to launch when we reach 80 per cent,' Mr McEwan said. He added this domestic pass should be developed alongside Australia's existing plans for an international vaccine passport.

Mr McEwan told the House of Representatives that 'Many businesses are in a state of hibernation, waiting for restrictions to open up and ready to get going again'. But he remained bullish about Australia's economic future once restrictions were lifted. He noted that as at 31 August, just over a $1.8 billion in lending was on deferral. This compared to $58 billion at the height of the pandemic last year.

Mr McEwan also noted the growing toll of lockdowns on people's mental health and wellbeing. 'We are seeing it among our colleagues and hearing it from our customers when they call us for help,' he said.

To find out more visit nab.com.au/jab

[Link]

NAB's CEO Ross McEwan and Chief Financial Officer Gary Lennon were pleased to get their jabs this year.

Disclaimer

NAB - National Australia Bank Ltd. published this content on 10 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2021 23:11:05 UTC.


© Publicnow 2021
All news about NATIONAL AUSTRALIA BANK LIMITED
03:26aChinese Shares End Lower; Two Shenzhen Debutants Post Double-Digit Gains
MT
02:38aSHANGHAI STOCK EXCHANGE B SHARES IND : Global Banks Cut China's 2021 GDP Growth Forecast o..
MT
10/17NATIONAL AUSTRALIA BANK : NSW bounce back offers hope for Victoria
PU
10/17NATIONAL AUSTRALIA BANK : NSW is roaring to life, NAB CEO tells Today Show
PU
10/12DEUTSCHE BANK : Dollar hits one-year high as U.S. yields rise, inflation data on tap
RE
10/12Dollar hits one-year high as U.S. yields rise, inflation data on tap
RE
10/11Australia shares flat as miners, tech stocks diverge; NZ falls for 6th day
RE
10/11NATIONAL AUSTRALIA BANK : Australia business conditions slip, but sentiment rebounds on lo..
RE
10/07CAXTON AND CTP PUBLISHERS AND PRINTE : Dollar takes a pause ahead of U.S. jobs data
RE
10/07National Australia Bank Limited Declares Distribution on NABPD - CAP NOTE 3-BBSW+4.95% ..
CI
More news
Analyst Recommendations on NATIONAL AUSTRALIA BANK LIMITED
More recommendations
Financials
Sales 2021 16 924 M 12 667 M 12 667 M
Net income 2021 6 182 M 4 627 M 4 627 M
Net Debt 2021 - - -
P/E ratio 2021 15,9x
Yield 2021 4,30%
Capitalization 93 851 M 70 169 M 70 243 M
Capi. / Sales 2021 5,55x
Capi. / Sales 2022 5,33x
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
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 28,65 AUD
Average target price 28,90 AUD
Spread / Average Target 0,89%
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