NAB SIGNS MoU WITH CHINA’S LARGEST AGRICULTURAL ENTERPRISE

MELBOURNE - National Australia Bank (NAB) has signed a Memorandum of Understanding (MOU) with China’s largest agricultural enterprise, the China National Agricultural Development Group Corporation (CNADC), under which it will help CNADC enhance its knowledge and understanding of international banking markets and debt capital markets. CNADC will have access to NAB’s financial services capabilities - ranging from acquisition funding, working capital facilities, term loans and trade finance, to wealth management and transaction banking.