NAB (B): NAB’s Acquisition StrategyNAB (B): NAB’s Acquisition Strategy

Don Argus () and Danny Samson ()
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Don Argus: Australia Advisory Board
Danny Samson: University of Melbourne

Chapter Chapter 7 in Strategic Leadership for Business Value Creation, 2021, pp 209-245 from Springer

Abstract: Abstract NAB’s acquisition strategy had generally been aimed at enhancing the Group’s position within its chosen markets through the purchase of retail banks with strong retail customer franchises. It had also focused on building key capabilities and developing critical mass in selected financial services activities through acquisitions and internal growth. NAB’s ability to participate in further rationalisation of the banking industry in Australia had been constrained by the prohibition of the merger of major banks in Australia by the Commonwealth Government. So it looked elsewhere. An international network was built by the end of last century, and plans to go and grow further were in progress.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-9430-4_7

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DOI: 10.1007/978-981-15-9430-4_7

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