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Showing 1 - 2 of 2 results for "UK Commercial Real Estate portfolio"

NAB Wealth flat as bank's profit rises 2%

MARK SMITH  |  TUESDAY, 20 AUG 2013
... pleasing, with efficiency benefits ahead of plan. We have also achieved further run-off in the UK Commercial Real Estate portfolio with the current balance of A£4.4bn down A£1.2bn since its transfer to National Australia Bank Limited in October 2012," ...

Triple bypass needed to resurrect NAB's UK business

MARK SMITH  |  THURSDAY, 1 NOV 2012
... represents good management and is the only way to stop the hemorrhage. NAB is transferring its UK commercial real estate portfolio to its Australian business after it was identified as the main driver of increased charges related to bad debt. Moving ...
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