National Australia Bank

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. It operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments. The company accepts transaction accounts, savings accounts, deposit accounts, and term deposits; and specialized accounts, such as foreign currency, business interest, statutory trust, cash maximiser, community free saver, farm management, and project bank accounts, as well as farm management deposits. National Australia Bank Limited also provides home loans; personal loans; business loans; vehicle and equipment finance; and trade and invoice finance, as well as business overdrafts and bank guarantees. In addition, the company offers insurance products consisting of car, home and content, landlord, travel, caravan and trailer, life, and business insurance products; and pension, superannuation, self-managed super funds, cash management, and financial planning and advisory services. Further, it provides investment products; credit, debit, and business cards; payments and merchant services; travel services; online and internet banking services; small business services; international and foreign exchange solutions; and industry specific banking services. National Australia Bank Limited was founded in 1834 and is based in Melbourne, Australia.

The National Australia Bank (NAB) is one of Australia’s “Big Four” Banks, and has been operating since 1893. 1933: The National Australia Bank was created when the Bank of Australasia merged with the English, Scottish, and Australian Bank. 1951: NAB’s first overseas office opened in New York. 1978: The company moved away from traditional one-branch banking, and introduced Australia’s first automatic cash-teller machines. 1985: NAB acquired the Commercial Banking Company of Sydney and the State Bank of Victoria. 1992: NAB donated A$15 million to help launch The Nautilus Institute of a Sustainable Future at the University of Technology Sydney. 1995: NAB took over the MLC Group and expanded its wealth management business. 1999: NAB launched its first internet banking service. 2001: NAB purchased Tapestry, one of Australia’s largest life insurance companies. 2004: NAB launched its “Easi” products to offer customers a range of simplified banking products. 2009: NAB launched “SmartPlan”, a personal credit product. 2014: NAB relaunched its home and business loan product in an effort to make the process easier for customers. 2015: NAB launched “NAB First,” a clever banking tool and personal financial advisor. 2017: NAB began testing its new “Digital ID and Verification” service. 2018: NAB launched its mobile banking app “NAB Connect”. 2020: NAB partnered with Microsoft to launch its banking platform, “NAB Next”.

National Australia Bank’s mission is to put financial power back into our customers’ hands, empowering them to pursue their dreams and aspirations.

National Australia Bank’s vision is to be a partner of choice for personal, business and corporate banking in Australia, New Zealand and globally.