Australia's NAB targets at least $633 mln in lending to indigenous businesses

National Australia Bank Ltd (NAB.AX) said on Wednesday it has set a new target to more than double its lending to indigenous businesses and communi...

National Australia Bank Ltd said on Wednesday it has set a new target to more than double its lending to indigenous businesses and communities to at least A$1 billion over the next three years.

The move comes at a time when banks have borne the brunt of increased regulatory scrutiny in a push for better banking outcomes for indigenous consumers, including access to better finances and quality of life. Facebook’s fact-checking partners in Australia are blocked from posting on their own pages but can still assess content for the platform

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