0 Views

National Australia Bank Ltd. (nab) history, profile and corporate video

   National Australia Bank Ltd. (nab) is an Australian financial services company headquartered in Melbourne, Australia. It was formed in 1982 as National Commercial Banking Corporation of Australia Limited, by the merger of the National Bank of Australasia and the Commercial Banking Company of Sydney.

National Bank of Australasia

   The National Bank of Australasia was based in Melbourne and it was established in 1858.

Commercial Banking Company of Sydney Limited

   The Commercial Banking Company of Sydney Limited was based in Sydney and it was established in 1834.


   The company operates through the following business segments: Personal, Business, and Corporate.

Personal

   The Personal segment involves transaction accounts, savings accounts, credit cards, nab visa debit cards, nab personal loans, home loans, insurance, and investments.

Business

   The Business segment includes services and products such as business accounts, loans and finance, business credit cards, payments and merchants, international & foreign exchange, and superannuation & insurance.

Corporate

   The Corporate segment involves solutions such as corporate lending, bonds, hybrids, syndicated loans, U.S. private placements and securitization, project finance and infrastructure, asset finance, trade and working capital, transactional banking services, asset and custody servicing, foreign exchange, interest rate derivatives, fixed income & credit, research, commodities, and investor solutions.


   The company is operating under a number of channels and brands including nabtrade, UBank, MLC, JBWere, JANA, Plum, MLC Asset Management, and the Bank of New Zealand (BNZ).

   With more than 33 000 employees, National Australia Bank Ltd. is considered one of the largest business and retail banks in Australia by assets, as well as one of the largest financial institutions in Australia in terms of market capitalization, earnings and customers. According to Forbes, it is considered one of the top 2000 largest public companies in the world.

*Information from Forbes.com, Wikipedia.org, and ”www.nab.com.au”.

**Video published on YouTube by “nab“.