National Australia Bank
NAB names Connie Sokaris as group chief risk officer
NAB names Connie Sokaris as group chief risk officer
Sokaris starts in her new role on 3 August 2026.
3 days ago
NAB profit falls 19% to $1.98b on large notable items
Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.
National Australia Bank settles overtime dispute with finance union
Certain teams in the bank were told they would not be paid overtime but get TOIL instead, according to the FSU.
NAB says 3 in 4 home loan customers use offset accounts
Keeping money in an offset can cut around $74,000 in interest, the bank noted.
National Australia Bank’s net profit up 11% to $1.56b in Q1 FY2026
Revenue rose 6% on higher markets & treasury income.
Australia’s big four banks loan deferrals, waive fees for bushfire victims
NAB is providing A$1,000 grants and additional financial relief, for example.
Australia big four banks hold majority of loans in mortgages
CBA and Westpac have the largest proportion of mortgages relative to their gross loans.
NAB earnings outlook tempered by higher costs and loan competition
The bank does have low levels of problem loans and a strong funding profile, Moody’s said.
Westpac faces earnings pressure despite strong asset base: Moody’s
Its NPL ratio has improved and its deposit base is stable.
Australia’s Ubank surpasses 1 million customers
It has named social media, particularly Tiktok, as an acquisition channel.
NAB sees net profit dip 2.9% to A$6.76b in FY2025
The group saw a deterioration in its business lending portfolio, the bank reported.
National Australia Bank pledges $39.3b to address housing crisis
Australia is not building enough homes to make housing accessible, the CEO said.
NAB’s Ubank expands Passkeys feature to online banking
The digital bank now enables fingerprint or facial recognition logins online.
NAB has given out $2b in new green business loans
Demand has surged from businesses related to energy, EVs, property, and agriculture.
NAB boards mourns passing of former director David Armstrong
Armstrong was with NAB from 2014-2023.
NAB names Kanishka Raja as CEO of Ubank
Raja has held leadership roles in Ubank for the past four years.
NAB names Inder Singh as group CFO and group executive, strategy
He joins NAB in March of 2026, whilst Shaun Dooley returns to his group CRO role.
Commentary
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