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NAB says competition helped business bank outperform

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National Australia Bank’s head of business banking Andrew Irvine says competition is driving bank performance as companies invest to shore up supply chains.

National Australia Bank’s head of business banking Andrew Irvine says competition in the lucrative small and medium-sized enterprise market has only helped spur the bank to do better, with more investment in bankers and technology driving a stellar first-half performance.

National Australia Bank’s head of business banking Andrew Irvine: “We’ve not seen this level of credit growth since the GFC.” “We think of banking as being very human and that implies we’re a relationship bank at heart,” he said.“At the same time, we’re ensuring that interactions that can be done simply and easily, digitally, are done simply and easily digitally.

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