BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide
		Home  »  Australian Banks  »  National Australia Bank
		National Australia Bank
				National Australia Bank (NAB) is a financial services organisation operating more than 1,800 branches and service centres and responsible to more than 460,000 shareholders. The Bank operate major financial services franchises in Australia, as well as businesses in New Zealand, Asia, the United Kingdom and the United States. Each of the brands is uniquely positioned but built on a common commitment to providing quality products and services, fair fees and charges, and relationships built on the principles of help.
		NAB continue to develop its portfolio with a focus on Australia where it has growing the business bank, leveraging recent investments in the retail bank, and pursuing opportunities across the wealth management value chain. At the same time, the Bank will maintain options for longer term growth internationally.
		National Australia Bank Head Office Level 4 (UB4440) 800 Bourke St Docklands VIC 3008 Australia Tel:  + 61 3 8641 9083 (from overseas) Toll Free: 13 66 22 Website: www.nab.com.au Banking Hours‎: Mon - Fri : 9.30am - 4.00pm‎
	The banks are regulated by the Australian Prudential Regulatory Authority (APRA) in Australia. APRA is responsible for regulating much of the financial industry, including insurance and superannuation companies. Institution seeking to be prudentially regulated as an authorised deposit-taking institution (ADI) is required to be authorised under the Banking Act 1959 (the Banking Act). The Australian Prudential Regulation Authority (APRA) is responsible for the authorisation process. Section 5 of the Banking Act defines ‘banking business’ as consisting of both taking deposits (other than as part-payment for identified goods or services) and making advances of money, as well as other financial activities prescribed by regulations made under the Banking Act. The Banking Act only allows corporations to carry on banking business in Australia, which means APRA cannot consider applications from partnerships or unincorporated entities. ADIs are subject to rigorous and close supervision by APRA, which requires the ADI to comply with a range of requirements contained in Prudential Standards and provide comprehensive data to APRA under Reporting Standards.
DISCLAIMER The content comes from Internet, reasonable efforts are made to maintain accuracy of information published. However, information could contain errors or inaccuracies and is presented without warranty and statutory means. No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise. All trademarks, logos, brand names and copyrights are the property of their respective owners. © 2011 - 2022 BankHeadOffice.com ® All Rights Reserved