National Australia Bank Profit Surges as Economy Recovers

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  • Bloomberg Markets and Finance published this video item, entitled “National Australia Bank Profit Surges as Economy Recovers” – below is their description.

    May.05 — National Australia Bank Ltd.’s half-year profit doubled. The lender unwound bad debt provisions amid a strengthening recovery in the country’s economy from last year’s pandemic shock. Paul Allen reports on “Bloomberg Daybreak: Australia.”

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    In This Story: Australia

    Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

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