“At its core, NAB is a relationship bank. Many of our customer relationships go back generations in the same family. Relationships underpin the growth and momentum we see in our business, including our commercial bank.” NAB CEO Ross McEwan.

NAB elected “Best Private Bank in Australia 2022” is currently recognized as one of Australia’s leading private banks, and essentially one of the best as it has managed since 2020, to stand out in the Australian market through the implementation of new customized offerings that effectively meet the needs of its customers.

Indeed, the CEO Ross McEwan decided to merge his teams of the two NAB branches respectively: Wealth management and Business Bank for a management of clients’ portfolios based on the collaboration of bankers specialized in the two sectors; private and professional.

The goal was to develop a new strategy that consists mainly in the collective management of the same projects by the team of bankers in order to orient NAB’s clients towards profitable investment projects that are in line with their vision and objectives.

This internal NAB strategy, allows high net worth clients to receive the best investment advice and recommendations both domestically and internationally, and consequently strengthens the relationship between the two parties as NAB clients appreciate and value the sense of mutual trust and dedication of the expert teams.

Australia’s leading bank has understood its clients’ investment needs and has focused on a more conventional wealth management model in response to client demand.

According to internal analysis, domestic residential real estate acquisitions for a portfolio of 60% growth assets and 40% defensive assets have resulted in stable portfolio returns over the past 20 years with minimal losses during periods of risk aversion. However, if risk markets are doing well on the downside, management has greater upside potential in non-residential portfolios.