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Why NAB (ASX:NAB) and other bank shares are on watch today – The Motley Fool Australia
ASX banking shares like National Australia Bank Ltd (ASX: NAB) are on watch in early trade as ratings agency Fitch revises its outlook.
Home / Sector / Bank Shares / Why NAB (ASX:NAB) and other bank shares are on watch todayASX bank shares will be on watch today as credit ratings agency Fitch upgraded its outlook for two of the majors.
Why are ASX bank shares worth watching?
National Australia Bank Limited (ASX: NAB) last night provided a price-sensitive announcement after the market’s close. That update detailed Fitch Ratings’ revised outlook for the bank from ‘Negative’ to ‘Stable’.
According to the release, the change in ratings…
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