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COVID-19: Australia's NAB taps investors for $2.2 billion as coronavirus hits profit

Updated : April 27, 2020 11:02 AM IST

Though NAB is Australia's third-largest bank, it is the country's biggest small business lender.
The bank also took more than A$1 billion in one-off charges for writedowns on the value of its software and refunds to customers wrongly charged account-keeping fees, as previously foreshadowed.
COVID-19: Australia's NAB taps investors for $2.2 billion as coronavirus hits profit

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