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

Fed Rate Cuts May Not Happen in July, Markets Await Policy Meeting Minutes Release

Federal Reserve officials had a meeting on June 17-18 during which some of them expressed a fall in interest rates in July. However, a lot of policymakers are still worried about the inflationary pressures that might emerge from US President Donald Trump’s import tariff decisions aimed at changing global trade. So, it seems the rate cut may not happen in July. Read this to know more.

Original 2025-07-10 17:07

US Federal Reserve May Cut Interest Rates in September, Says Goldman Sachs

US Federal Reserve Chair Jerome Powell may slash the policy rate in September 2025, according to research economists at Goldman Sachs. Read this to learn more.

Original 2025-07-09 18:32

Forex Interbank Rate & How It Influences Your Trading

A forex interbank rate is nothing but the wholesale currency exchange rate that banks and other major financial institutions use to trade currencies among themselves. Read more about it.

Original 2025-07-07 18:54