National Australia Bank

National Australia Bank (NAB), founded in 1893, is one of the 'Big Four' Australian banks along with ANZ, Westpac, and Commonwealth Bank. At September 30, 2025, the group employed 41,723 full-time equivalent staff in its continuing operations. NAB operates in Australia, New Zealand, Asia (India, China, Japan, Singapore, Indonesia), the UK and the United States. Its distribution network comprised 482 retail branches and business banking centres in Australia and 124 in New Zealand at September 30, 2025. The Bank’s shares is listed on the Australian Securities Exchange. NAB is one of the 50 safest banks in the world according to Global Finance magazine. In August 2015, NAB sold Great Western Bank (GWB) in the United States. In May 2021 it sold its MLC advice, platforms, superannuation, investments and asset management businesses to IOOF Holdings, since renamed Insignia Financial, and in June 2022 it acquired Citigroup’s Australian consumer business. As of September 30, 2025, National Australia Bank had total assets of A$1,109.062 billion, up from A$955.052 billion at September 30, 2015.

NAB Group subsidiaries

•  MLC is no longer a NAB business. The MLC advice, platforms, superannuation, investments and asset management businesses were sold to IOOF Holdings, now Insignia Financial, in May 2021, and NAB has since sold its remaining 20 per cent stake in the life insurer MLC Limited (MLC Life) to Nippon Life Insurance Company for A$497 million.
•  JANA Investment Advisers (JANA), an investment consulting firm with offices in Melbourne and Sydney, is no longer listed among the group’s businesses.
•  JBWere is one of the leading wealth managers in Australia. It operates nine offices in Australia and New Zealand.
•  Plum Financial Services, an Australian corporate superannuation administrator, is no longer listed among the group’s businesses; NAB’s superannuation and investments businesses passed to IOOF Holdings, now Insignia Financial, in May 2021.
•  UBank offers personal banking products in Australia including home loans, transaction and savings accounts, term deposits and SMSF accounts.
•  Clydesdale Bank and Yorkshire Bank, which offered retail, business and corporate banking in the United Kingdom, are no longer part of NAB. Both brands passed to Virgin Money UK plc and have been retired, their websites switched off; Virgin Money UK is now part of Nationwide Building Society, and Virgin Money’s business transferred to Nationwide on April 2, 2026.
•  BNZ (Bank of New Zealand) provides a range of wealth management, retail, business and agribusiness products and services.
•  HICAPS, Medfin, Advantedge and the nabtrade online investing platform are also part of the group.

Head office address:
Level 28, 395 Bourke Street
Melbourne, VIC 3000
Australia
Phone number: +61-3-8641-3500
Fax: +61-3-9208-5695
Website: www.nab.com.au, www.nabgroup.com

New York Branch
245 Park Ave-28th Floor
New York, NY 10167
United States