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National Australia Bank Profit Rises on Business Lending

Posted

November 8, 2023

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National Australia Bank Ltd. reported an increase in profit. Rising interest rates boosted profitability across business lending. Cash profit gained 9% to A$7.73 billion ($4.95 billion) in the 12 months to Sept. 30. That fell just short of the average analyst estimate. Adam Haigh has more on Bloomberg Television.

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National Australia Bank Profit Rises on Business Lending · Bloomberg Television · Sentinel