NAB Reports A$706m Impairment Charges Due to Economic Uncertainty from Iran War
National Australia Bank (NAB) has announced A$706 million in credit impairment charges for the first half of 2026, nearly double the previous level, citing economic uncertainty from the Iran war. The bank also revised its software capitalisation policy and expects a large notability item of A$1.3 billion before tax in its first-half results.
Topics: amortisation charge capitalisation policy credit risk dividend reinvestment plan economic scenario impairment charges Iran war uncertainty