BUZZ-Jefferies sees business banking push key to defending market edge for National Australia Bank

Reuters
昨天
BUZZ-Jefferies sees business banking push key to defending market edge for <a href="https://laohu8.com/S/NAB.AU">National Australia Bank</a>

** Analysts at Jefferies see National Australia Bank's NAB.AX commitment to consistent investment in business banking as pivotal

** Says commitment for constant investment would help NAB in maintaining its incumbency in what brokerage considers the most attractive segment of the banking landscape

** NAB had updated investors on the migration to its new end-to-end lending platform and the development of business deposit and payment solutions

** Expects investment to continue to grow NAB's share of business deposits

** Brokerage maintains "buy" call on stock and A$39.14 PT

** Stock down 3.7% YTD

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com))

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