BNZ parent announces $A3.5b capital raise
Bank takes $A807m impairment charge for impact of Covid-19
NBR staff
Mon, 27 Apr 2020
Bank of New Zealand has reported improved profits in the half year to March as its parent National Australia Bank announced a $A3.5 billion ($3.73b) capital raise to bolster its virus-hit balance sheet.
In results reported to the ASX today NAB booked a credit impairment charge of $A1.17b, up
Want to read more? It's easy.
Choose your subscription
Already have an account? Login
Smartphone Only Subscription
NZ$29.95 / monthly
Subscribe Now
Monthly Premium Online Subscription
NZ$49.95 / monthly
Subscribe Now
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Subscribe Now
Yearly Premium Online Subscription
NZ$499.00 / yearly
Subscribe Now
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly
credit card debit
Subscribe Now
Yearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Subscribe Now
Individual
Group membership
NBR Marketplace
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
NBR staff
Mon, 27 Apr 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
