National Australia Bank

The National Australia Bank today is known as NAB for which according to its website, is a little word for a big life. The National Australia Bank is symbolized with a seven point star with diagonal strikes on the right side representing the company’s guiding principles in providing customer satisfaction and utmost management of wealth and risks. The color red in the insignia stands for the company’s firm stand on its corporate values and business principles. The NAB or the National Australia Bank - a name and a symbol of 149 years of banking excellence.

The National Australia Bank is actually part of a network of financial services institutions for markets in Australia, in the United Kingdom and in New Zealand. The National Australia Bank Group offers an integrated and complete array of financial products and services. The Group’s founding member is the National Bank of Australia which was established in 1858.

With three regional branches under its wings, the National Australia Bank Group, operating in New Zealand, UK and Australia, includes services such as custodial operations for the Institutional Markets and Services, wealth management service and retail bank service. One of its global entities, the nabCapital, also offers investment choices for institutional and corporate customers, risk and debt management.

March 1 of 2005 saw the sale of two NAB retail banks to Danish Danske Bank, these banks were the National Irish Bank and the Northern Bank. The remaining retail banks under the wings of the NAG Group are the Clydesdale Bank based in the United Kingdom, the Yorkshire Bank also based in the United Kingdom, the Bank of New Zealand in New Zealand and the National Australia Bank in Australia.

These retail banks take pride of total assets for under administration and management amounting to $97 billion. In the meantime, the funds, under investment and custody administration, totals to $474 billion. As of the year 2006, NAB Group’s retail banks now serve 2.3 million of wealth management clients and eight million banking customers.

The company’s strong lead in the Western and European markets is built on National Australia Bank Groups corporate principles. According to its corporate profile, these guiding principles are the company’s blueprint for success. It serves as the company’s short note for business execution. They were etched to provide consistent and superior return to their shareholders, customers, employees and to the community as well.

Additionally, the company stands to be honest and open as part of their values and core beliefs. The company takes responsibility and ownership of all its actions. The company implements strong collaboration and teamwork among its employees and shareholders for the advantage of many not just for some. The company believes in respect for race and fairness in service. The company values simplicity, speed and efficiency in getting things done.

The National Australia Bank Group values people and the community. The company understands its major role in contributing to the growth of the community. That is why its regional branches in New Zealand, Australia and in the United Kingdom through the Yorkshire Bank and the Clydesdale Bank are very much involved in community programs, initiatives for community investment, donations and sponsorships to help flourish the growth of the community.

The National Australia Bank Group is very much active in areas like financial literacy and numeracy, health support, bio diversity, environmental conservation and support for the prevention of domestic violence.

Because of the company’s recognition and response to the needs of the community, the National Australia Bank business has become a world-renowned financial service organization with a heart. Corporations and individuals trust their products and services because of the heart behind its simple name and star logo. Check their online portfolio for a list of accounts and loans for business and personal applications.