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
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