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Article: NATIONAL AUSTRALIA BANK TO FOCUS ON ORGANIC GROWTH.
- Article from:
- AsiaPulse News
- Article date:
- November 6, 2000
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BRISBANE, Nov 6 Asia Pulse - National Australia Bank will focus on organic growth and not become "fixated" on acquisitions, National Australia Bank chief executive Frank Cicutto says.
He added he saw very good organic growth opportunities for NAB in the northern hemisphere, particularly in Great Britain.
"Organic is a very important component (of growth), we should not be fixated on acquisitions because there is so much more that we can do in an organic sense to deliver value," he said.
However, speaking on Channel Nine's Business Sunday program Mr Cicutto did not rule out acquisitions as they had been half of the fabric of the company for many ...