NAB Europe S.A. Paris Office Officially Launched
(24 June 2022 – France) Australia's second largest bank has officially launched its new subsidiary in France, National Australia Bank (NAB) Europe S.A.
Heralded as early as 2019 in response to Brexit, a steady increase in capital and initial recruitments saw the group following the footsteps of Macquarie’s Paris subsidiary office move. NAB’s Paris European Union (EU) office set-up is positioned by the Bank as a direct response to growing demand from its customers operating in Europe. It is NAB’s first hub in continental Europe with existing operations in the United Kingdom across FX and project financing services.
“It was a very proud moment to celebrate the opening of our Paris Subsidiary and thank you to all our clients for supporting us. I was really touched to receive so many congratulatory and heartfelt comments from relationships old and new. I look forward to further developing these relationships as we build out our business in Europe” stated NAB Europe S.A. Paris CEO, Nicola Jolley.
“After years of hard work and planning, it was great to be in Paris with NAB CEO Ross McEwan for the official launch of our NAB Europe office, held at the Australian Embassy with Her Excellency, Gillian Bird, Australia's Ambassador to France. Investors are looking for opportunities, particularly in the infrastructure sector and there are abut 140 Australian companies in France” commented NAB Group Executive CIB, David Gall.
“Opening the doors to our new subsidiary is a tremendous achievement. Well done to our NAB Europe team and NAB Europe CEO Nicola Jolley, who brings more than fifteen years’ experience with NAB in the UK and Europe. Nicola and the NAB Europe team have deep expertise in the specialist areas of infrastructure, renewables, and subscription financing and a strong track record of delivering for customers. We are now well placed to continue to support the growth of our Australian and New Zealand customers operating overseas and providing them with on-the-ground insights, as well as supporting our global customers operating in Europe” Gall added.
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