National Australia Bank Limited
(ASX:NAB) has maintained strong business lending market share growth, according to East & Partners latest research.
The report shows NAB represented 22.2 per cent of business lending volumes ahead of its Big Four competitors.
Commonwealth Bank of Australia
(ASX:CBA) came in with 18.8 per cent, ANZ Banking Group
(ASX:ANZ) took 16.7 per cent and Westpac Banking Corporation
(ASX:WBC) saw 16.7 per cent.
Across personal and consumer credit markets East & Partners reports CBA and Westpac dominated ahead of NAB and ANZ.
East & Partners forecasts business lending growth will improve against a backdrop of uncertain domestic and international market conditions.
National Australia Bank reported a net profit of $3.46 billion in the six months to the end of March 2015.
