National Australia Bank

WikiFX | 2022-10-08 23:00

Abstract：National Australia Bank (NAB， for short) was formed by the merger of National Australia Bank and Sydney Commercial Bank in 1982 as National Australia Commercial Bank Ltd. and subsequently renamed National Australia Bank Ltd. National Australia Bank is one of the four largest financial institutions in Australia and is ranked 21 in the global market capitalization rankings and 52 in the As of November 2014, NAB operated 1,590 branches and service centers, with a network covering Australia, the United Kingdom, New Zealand and Asia including Hong Kong, China, Singapore, and Japan. National Australia Bank's current Board of Directors is chaired by Michael Chaney, and its Chief Executive Officer is Cameron Clyne. NAB currently holds a full license with ASIC, license number 230686.

Basic Information & Regulation

National Australia Bank (NAB， for short) was formed by the merger of National Australia Bank and Sydney Commercial Bank in 1982 as National Australia Commercial Bank Ltd. and subsequently renamed National Australia Bank Ltd. National Australia Bank is one of the four largest financial institutions in Australia and is ranked 21 in the global market capitalization rankings and 52 in the As of November 2014, NAB operated 1,590 branches and service centers, with a network covering Australia, the United Kingdom, New Zealand and Asia including Hong Kong, China, Singapore, and Japan. National Australia Bank's current Board of Directors is chaired by Michael Chaney, and its Chief Executive Officer is Cameron Clyne. NAB currently holds a full license with ASIC, license number 230686.

Products & Services

NAB offers a wide range of products and services for individuals, businesses, and corporations. Products and services for individuals include savings, personal loans, online banking for home loans, investments, insurance, travel, and overseas banking. Products and services for businesses include loans and finance, business credit cards, payments and merchants, online banking, international and foreign exchange, insurance, insurance information, industry-specific banking, and small business.

Accounts Types

The main types of bank accounts available to individuals are transaction accounts, savings accounts, NAB VISA debit card accounts, and National Bank time deposit accounts. Business accounts include NAB Business Day to Day Account, NAB Business Cash Maximizer Account, NAB Farm Management Account, and NAB Community Fee Saver Account.

monetary policy interest rates

Understanding the Impact of Interest Rate Changes on Forex Markets

Interest rates are one of the most influential factors in the forex market, shaping currency values and driving trader decisions. When central banks adjust interest rates, they send ripples through global markets. Understanding how these changes impact currency movements is crucial for forex traders aiming to stay ahead of market trends.

Original 2024-12-17 16:54

Ringgit Retreats Against US Dollar Amid Profit-Taking

The Malaysian ringgit saw a slight retreat against the US dollar on Thursday, pulling back from its recent rally as investors cashed in profits following its substantial appreciation.

Original 2024-09-26 17:31

Want to Improve Your Forex Trading Success Rate? Get to Know the Five Key Players in the FX Market!

This article delves into the primary participants of this colossal market, including importers and exporters, Forex brokers, commercial banks, central banks, and speculators. By understanding the roles of these key players, traders can better navigate the Forex landscape.

Original 2024-06-10 13:48

Ringgit Weakens Amidst Battling Global Economic Turmoil

On Tuesday, the ringgit dipped to a low of 4.7900 against the US dollar, driven by apprehensive investors seeking refuge in the safe haven currency amidst escalating geopolitical tensions. Over the past week, the local currency has depreciated by nearly 0.9% against the US dollar, marking its weakest performance since January 1998. In conjunction with this decline, Bank Negara Malaysia has reiterated its commitment to bolstering the ringgit.

Original 2024-04-17 16:03