NAB response to Royal Commission interim report

Share

Share

Statement on behalf of NAB CEO Andrew Thorburn:

“I have had the opportunity to read the summary of the Royal Commission interim report and will review the report in more detail over the weekend.  I would like to thank the Commissioner for his thoroughness and diligence.

“For us at NAB, where we have made mistakes or done the wrong thing, we will own them and fix them.  It is difficult to face the statement of ‘profits before people’, but this is exactly what we need to confront.  Banking was built on putting people first and earning the trust of customers.  We must return to these principles once again, rather than continuing to be short term managers.”

Announcements

SEE ALL TOPICS

Related Articles

  • Media Release

NAB releases Q1 trading update

  • 21.02.2024
  • Time to read 1 min read
  • Business

NAB’s Green Finance for Commercial Real Estate to help customers reduce emissions, build climate resilience

NAB has launched Green Finance for Commercial Real Estate (CRE) to help support investment in – or the development or retrofit of – eligible, commercial buildings.

  • 14.02.2024
  • Time to read 2 min read
  • Business

NAB’s Adelaide HQ welcomes even more workers back to the CBD

NAB has unveiled its new Adelaide headquarters, supporting a revitalised CBD and setting a new sustainability benchmark for South Australia.

  • 09.02.2024
  • Time to read 2 min read

Quick links

National Australia Bank — NAB

Sometimes When The Unexpected Happens, We Realise What We Truly Value. Whether A Home, Farm, Business Or Your Passion, NAB Is Here To Support You.

Business Research and Insights

For more business news and analysis, visit NAB’s Business Research and Insights.