National Australia Bank expect a strong bounce for economy once restrictions eased

Comments from NAB CEO McEwan on the bank’s quarterly report. 

  • warned the recent outbreaks of COVID-19 and subsequent lockdowns were creating uncertainties for some customers
  • optimistic about the long-term outlook for Australia and New Zealand
  • “The strong economic growth leading into this period, ongoing government support and customers’ relatively healthy starting positions give us confidence that once restrictions are eased, the economy will again bounce back” 

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2019 Billionaire Club Co LLC. All rights reserved

Loading the chat ...