Digitised lending ‘in a decade’: NAB

Original article by Richard Gluyas
The Australian – Page: 19 : 13-May-19

Business banking contributes almost 50 per cent of National Australia Bank’s cash earnings. Anthony Healy, the head of NAB’s business banking division, forecasts that approvals for loans to small and medium enterprises will have been fully digitised within 10 years. He notes that platforms such as Quickbiz already allows NAB to do this. Healy has downplayed speculation that he is among the leading internal candidates to permanently replace Andrew Thorburn as CEO.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, JUDO BANK PTY LTD

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