Home › Bank profiles

National Australia Bank (NAB)Australia

About

Policies

Assessments

Dodgy Deals

Dodgy Deals Map

Good Moves

Documents

News

Links

Created before Nov 2016
Last update: 2019-06-07 14:20:49

Share this page:

National Australia Bank's head offices in Melbourne. Photo: Aaroncrick via Wikimedia Commons (CC BY-SA 3.0)

About National Australia Bank (NAB)

The National Australia Bank Group is one of the four biggest banks in Australia. It was founded in 1982 as the National Commercial Banking Corporation of Australia Limited. The Group is structured around regional banking and wealth management operations, active in international capital markets and institutional banking business. Its subsidiaries include MLC and Bank of New Zealand. In 2016 it divested its UK subsidiary Clydesdale and Yorkshire Banking Group, following the 2015 sale of its US subsidiary Great Western Bank, as part of a process of refocusing on its core markets of Australia and New Zealand.

Website	https://www.nab.com.au/
Headquarters	800 Bourke St W, Docklands Victoria 3008 Melbourne Australia
CEO/chair	Ross McEwan CEO
Supervisor	Reserve Bank of Australia
Annual reports	CSR report 2019 Annual report 2018 CSR report 2018
Ownership	listed on Australian Securities Exchange National Australia Bank's share holder structure can be accessed here.

Related Dodgy Deals

National Australia Bank (NAB) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Projects - active profiles

There are no active projects for National Australia Bank (NAB) now.

Projects - on record profiles

Great Barrier Reef Coal & Gas Exports Australia profile

oil and gas | transport and infrastructure

Debt – corporate loan

AUD 1,040 million

5 May 2013

source: link

Liquified Natural Gas (LNG) project Papua New Guinea profile

oil and gas

Debt – project finance

15 December 2009

source: link

Maules Creek coal mine Australia profile

mining - coal

Uncategorised

Woodlark Island Kula Gold Project Papua New Guinea profile

Mining - Gold

Equity – share owner/manager

13.62%

Companies - active profiles

Adani India profile

energy plants - coal | mining - coal | oil and gas

Debt – corporate loan

EUR 183.3 million

2010 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Wilmar International Singapore profile

agriculture - palm oil

Debt – corporate loan

EUR 215 million

2010 - 2014

Total amount of 4 corporate loans provided by NAB over the years 2010-2013.

source: FoE Europe report (November 2015)
link

There are no active companies for National Australia Bank (NAB) now.

Companies - on record profiles

Anglo American United Kingdom profile

mining - coal | mining - non coal

Uncategorised

EUR 14.9 million

2005 - 2013

shares/bonds underwriter or manager

source: Banks and Coal Spreadsheet, Profundo, 2014

Debt – corporate loan

EUR 38.9 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

BHP Billiton Australia profile

mining - coal | mining - non coal | oil and gas

Debt – corporate loan

EUR 43.1 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Uncategorised

EUR 55 million

2005 - 2013

shares/bonds underwriter or manager

source: Banks and Coal Spreadsheet, Profundo, 2014

Debt – corporate loan

EUR 59.6 million

source: International Financing Review, 26 October 2002; Euroweek - Issue: 780; Euroweek - Issue: 877; Prospectus WMC Resources, 26 June 2003; International Financing Review, London, 9 September 2004;International Financing Review, London, 26 March 2005; International Financing Review, London, 23 April 2005; Annual Report 2005, BHP Billiton;

Glencore Switzerland profile

mining - coal

Debt – corporate loan

EUR 257.8 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Rio Tinto Australia profile

mining - coal | mining - non coal | nuclear industry

Uncategorised

EUR 2 million

2005 - 2013

shares/bonds underwriter or manager

source: Banks and Coal Spreadsheet, Profundo, 2014

Debt – corporate loan

EUR 31.4 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Trafigura Singapore profile

commodities trading | oil and gas | transport and infrastructure

Debt – corporate loan

USD 129 million

2012 - 2016

Total corporate loan between 2012 and October 2016.

source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Debt – corporate loan

USD 598 million

2012 - 2016

Total revolving credit between 2012 and October 2016.

source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Vitol Switzerland profile

commodities trading | oil and gas | transport and infrastructure

Debt – corporate loan

USD 45 million

2012 - 2016

Total corporate loan between 2012 and October 2016

source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Debt – corporate loan

USD 1,099 million

2012 - 2016

Total revolving credit between 2012 and October 2016

source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Dodgy Deals map

Show:

Companies

Projects

Active profiles

On record profiles

Select sectors:

Assessments

Human rights

Bank

Country

Details

Leader

Front runner

Follower

Laggard

National Australia Bank (NAB)

AUS

1.0100

Australia

Leader

Front runner

Follower

Laggard

National Australia Bank (NAB)'s human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark in November 2019. The bank is assessed as a Front runner, with a total score of 6.5 out of 14.

Policy: 3/3
Due dilligence: 1/5
Reporting: 1/3
Remedy: 1.5/3

For more details, see the BankTrack Human Rights Benchmark 2019.

News

| |

Type:

Year:

About National Australia Bank (NAB)

Related Dodgy Deals

Projects - active profiles

Projects - on record profiles

Great Barrier Reef Coal & Gas Exports Australia profile

Liquified Natural Gas (LNG) project Papua New Guinea profile

Maules Creek coal mine Australia profile

Woodlark Island Kula Gold Project Papua New Guinea profile

Companies - active profiles

Adani India profile

Wilmar International Singapore profile

Companies - on record profiles

Anglo American United Kingdom profile

BHP Billiton Australia profile

Glencore Switzerland profile

Rio Tinto Australia profile

Trafigura Singapore profile

Vitol Switzerland profile

Dodgy Deals map

Show:

Select sectors:

Assessments

News

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Too little, too late

NAB, ANZ and Westpac hit with climate risk shareholder resolutions

Big Australian banks face shareholder vote on coal lending

NAB confirms new CEO Ross McEwan to start in December

Ross McEwan appointed CEO of National Australia Bank

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

Every two weeks a bank, insurer or lender announces new coal restrictions

Our Future: Clean energy a test for banks’ rehabilitation

Banks massively financing fossil fuels unclear about future of ... fossil fuels

NAB hauled over the coals at its AGM

Behind banks' smokescreen

Principles must bring commitments

Australian inquiry slams greedy banks and regulator for rampant misconduct

Big four banks quit coal only to invest in other fossil fuels, research finds

Big four banks quit coal only to invest in other fossil fuels, research finds

New research: Australian banks 2ºC scorecard 2018

Banking royal commission: all you need to know – so far

Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

NAB knew about Austrac issues for two years, document reveals

TCFD: banks supporting better disclosure are not the ones exiting coal project finance

'Big four' Australian banks slammed for fossil fuel backing

Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing

Banks' climate change talk not yet matched by action

Financing of coal industry expansion by top banks undermining Paris Agreement

New polling shows half of customers prepared to change banks over fossil fuels – as prominent Australians demand climate action

Australia's biggest banks pump billions into fossil fuels despite climate pledges

New poll: Australians draw the line at badly behaving banks

NAB rules out funding Adani's Carmichael mine as buyer LG pulls out

National Australia Bank rules out funding Adani's Carmichael coal mine

When NAB ruled out funding Carmichael coal…

No excuse: How Australia’s big four banks can better respond to land grabs

Australian banks: New Report highlights gulf between renewable and fossil fuel financing

Australian banks 'favour fossil fuel projects over renewables by $6 to $1'

NAB moves in the right direction on Land Grabs

Hundreds publicly close bank accounts over fossil fuel investments

Australian banks face more pressure over support for coal projects

Big Four Australian banks lose customers over fossil fuel gamble

Customers switch banks in day of divestment

Bank accounts closed in fossil fuels protest

Australian banks backing companies accused of land grabs

Australian and French banks target of protests on both sides of the world for investing in Australian coal projects

Stranded assets, anyone? Testing times for the fossil fuel market

Sixty prominent Australians call on ‘big four’ banks to end fossil fuel investment

ANZ biggest gambler on dirty coal and gas exports

Report triggers campaign to prevent Australian fossil fuel investment

Equator Principles goes beyond project finance, improves transparency

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

Time to Improve the Equator Principles, BankTrack Says

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Financiers search for sustainable future

Big banks 'no' to coal plant

Banks being urged to lend 'green'

Banks under scrutiny over coal funding

NAB the bank with STD*

New rules for Equator Principles, but no new commitments from banks

BankTrack calls upon banks to Close the Gap on investment policies