You are here
Australia's NAB sells £625m of property bad loans in UK
[SYDNEY] National Australia Bank Ltd, the nation's biggest lender by assets, agreed to sell a £625 million (S$1.3 billion) parcel of mostly non-performing commercial property loans in the UK to an affiliate of Cerberus Global Investors.
The sale will result in a small gain above the loans
- CALL +65 6388 3838
- EMAIL email@example.com