National Australia Bank Net Worth is$56.3 B
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Company Name: National Australia Bank Limited
Company Type: Public limited company
Traded As: NAB
Company Slogan: ''more give, less take''
Foundation: 1893
Location: 800 Bourke Street, Melbourne, Docklands, Victoria, Australia
Area Served: Australia, New Zealand, UK, USA, Asia
Key People: Michael Chaney, (Chairman), Cameron Clyne, (Chief executive officer)
Revenue: net income
Assets: {{increase}} A$754 billion (2011)
Num Employees: 43,399 (2011)
Industry: Banking, Financial services
Products: Commercial bank, Insurance
Homepage: [http://www.nab.com.au/ National Australia Bank], [http://www.ubank.com.au/ UBank]
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia in terms of market capitalisation and customers. NAB is ranked 17th largest bank in the world measured by market capitalisation. It operates across 10 countries serving 8.3 million consumer and business banking customers and over 2.3 million wealth management customers.
NAB operates 1,808 branches and service centres and 4656 ATMs globally. NAB has a "AA-" long term issuer rating by Standard & Poor's.
The National Australia Bank Group is organised into nine divisions, spread across four geographic regions.
Sourced from NAB financial results:
While NAB operates in several jurisdictions globally, it earns the bulk of its revenue from its Australian operations. The bank owns two retail/commercial banks in the UK, Yorkshire and Clydesdale. In NZ it operates BNZ and in the US it owns a small agribusiness focussed bank called Great Western. The Business Banking and Wholesale divisions of NAB have offices in London, New York, Hong Kong, Singapore, Tokyo and Shanghai. These are aimed at servicing the needs of corporate and institutional customers, which include market risk management (e.g. foreign exchange or interest rate hedging), trade finance and bond issuance.
Revenue by geography in 2010 is summarised in the table below.
The group uses multiple brands to market its various products in different geographies and to different segments:
In 1893, National Bank Limited was formed. Up until 1 October 1981 it continued to trade as The National Bank of Australasia Limited, only after the merger with the Commercial Banking Company of Sydney Limited did it become known as National Australia Bank.
In 1858 Alexander Gibb, a Melbourne gentleman, enlisted Andrew Cruickshank, a local merchant and pastoralist, to raise the capital to establish National Bank of Australasia with headquarters in Melbourne. Cruickshank became its first chairman whil

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