Business
NAB bolsters business banking army – The Australian Financial Review
NAB is preparing to defend its core business banking division from competitors by adding another 500 business bankers to its ranks.
The plan to bolster the ranks of business bankers comes less than two months after The Australian Financial Review revealed the banks IT boss had berated his direct reports for not cutting costs quickly enough.
Thats a lot of people to exit . . . you have to start now, he said in an email to executives after the division had blown its budget.
NAB has pointed to its take up of the Coronavirus SME Loan Guarantee Scheme as proof of its support for small business. The bank has approved 6235 of the…
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