Revised Fitch Credit Rating Outlook
Source: RNS
800 Bourke Street
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AUSTRALIA
www.nabgroup.com
Monday, 12 April 2021
ASX Announcement
Revised Fitch Credit Rating Outlook
National Australia Bank Limited (NAB) notes that Fitch Ratings (Fitch) has today revised the Outlook for NAB's Long Term Issuer Default Rating (IDR) to 'Stable', from 'Negative'. Fitch has also revised the Outlook of Bank of New Zealand (BNZ) to 'Stable'.
The change in ratings outlook reflects Fitch's view of the improved economic prospects in Australia.
Fitch has affirmed both NAB and BNZ's long-term issuer credit ratings at 'A+', and 'F1' for short-term. Ratings on debt issued by NAB and BNZ also remain unchanged.
For further information:
Media
Jessica Forrest Sarika Thach
M: +61 (0) 457 536 958 M: +61 (0) 476 808 241
Investor Relations
Sarah Stokie
M: +61 (0) 477 721 489
The release of this announcement is authorised by Gary Lennon, Group Chief Financial Officer.
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