Latest Credit Risk And Asset Quality News

National Australia Bank reported a 1% increase in underlying profit for FY25 with stable cash earnings and a steady fully franked dividend of 85 cents per share. The bank’s refreshed strategy shows early momentum despite rising credit impairment charges.

National Australia Bank’s June quarter saw a slight dip in cash earnings due to rising credit impairment charges, even as underlying profits edged up 2%. The bank balances cautious asset quality management with ongoing growth in lending and deposits.

The Commonwealth Bank of Australia has released its December 2024 Basel III Pillar 3 report, reaffirming strong capital adequacy and liquidity positions despite evolving regulatory frameworks.