National Australia Bank Cash Profit Rises 6.5%

Updated on
  • First-half cash profit increases 6.5% to A$3.31 billion
  • Net interest margin rises for the first time since 2011

National Australia Bank Ltd. posted a 6.5 percent increase in first-half cash profit as it bucked a trend among Australia’s largest lenders by decreasing bad-debt charges and as margins improved for the first time since 2011.

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