Cash earnings rose to A$3.34bil (US$2.6bil or RM10.73bil) in the six months ended March 31, compared with A$1.4bil a year earlier, according to a statement.
SYDNEY: National Australia Bank Ltd’s (NAB) half-year profit doubled as the bank unwound bad debt provisions amid a strengthening recovery in the country’s economy from last year’s pandemic shock.
Cash earnings rose to A$3.34bil (US$2.6bil or RM10.73bil) in the six months ended March 31, compared with A$1.4bil a year earlier, according to a statement.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
