Close

Search

By Elise Huck
  • Updated
    03.11.2021
  • First Published 08.10.2018
Share

Share

NAB welcomes ASIC ban against former banker

NAB welcomes ASIC’s decision to ban a former NAB banker who was investigated by ASIC for loan fraud.

ASIC today announced its decision to permanently ban Mr Matthew Alwan from engaging in credit activities and providing financial services.

Mr Alwan was terminated from his employment with NAB in November 2015 and NAB reported Mr Alwan to ASIC in early 2016.

The ban follow NAB’s announcement of a remediation program for home loan customers in November 2017, after an internal review found some home loans may have been submitted with inaccurate customer information and/or documentation, or incorrect information in relation to NAB’s Introducer Program.

Announcements

SEE ALL TOPICS

Related Articles

Two men and a woman standing in front of a home
  • Business

New NAB Portal Pay to simplify and streamline property payments

NAB’s new payment platform will help reduce the complexities and administration burden traditionally associated with property sales and rental transactions.   

  • 20.09.2024
  • Time to read 3 min read
  • Media Release

NAB releases Q3 trading update

NAB has today released its third quarter trading update.

  • 16.08.2024
  • Time to read 1 min read
  • Personal finance

Australians save more than $1 million with NAB cashback and rewards program

More than $1 million in cashbacks and discounts have already been claimed by NAB customers since the launch of NAB Goodies in the NAB app recently.

  • 08.08.2024
  • Time to read 1 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.