National Australia Bank Ltd. (ASX: NAB) is one of the four largest financial institutions in Australia in terms of market capitalisation, earnings and customers. However, in 2018, it was Australia’s largest lender to businesses and has operations in wealth management and residential lending. It also operates the online-only Ubank.
ASX bank shares have pushed the ASX 200 higher today as the market reacts to extra Chinese stimulus, more positive share market momentum, the government’s JobMaker program, and rising expectations of a return to normal.
Australia’s share market and or the All Ordinaries (ASX: XAO), is currently trading up 1.28%, with shares of Crown Resorts Ltd (ASX: CWN), National Australia Bank Ltd. (ASX: NAB) & Coles Group Ltd (ASX: COL) moving the Australian share market.