Get all your news in one place.
100's of premium titles.
One app.
Start reading
The New Daily
The New Daily
Business
Prashant Mehra

SHOCKING: Nab profits soar on higher interest rates | Mind Blowing Facts

NAB says it has targeted growth in high-returning areas. Photo: AAP

National Australia Bank has lifted first-half cash earnings by 17 per cent to $4.07 billion, helped by higher interest rates and increased business lending.

Statutory net profit for the six months to March 31 was up 11 per cent on the same period a year ago to $3.96b, while operating revenue jumped 19.3 per cent to $10.53b.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.