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BREAKING: NAB to reopen branches on Thursday

ASX 200, ASX News
ASX:NAB      MCAP $106.7B
18 November 2020 15:14 (AEST)

NAB branches are set to reopen from Thursday morning after a physical security threat was deemed a hoax.

State and federal police have now assessed the threat, which caused the big four bank to shut its doors across the country just before 2:00 pm AEDT on Wednesday. They concluded the threat was “not credible” and that it’s safe for NAB branches to reopen from tomorrow.

“We understand that this caused inconvenience to our customers and colleagues, however, their safety and security is our absolute priority and that is why we took the action we did.  We did so with the information that we had at the time,” a NAB spokesman said in a statement this evening.

NAB shares closed 2.06 per cent in the green, worth $22.29.

More to come.

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