National Australia Bank plans credit unit in France

National Australia Bank plans credit unit in France

Representative image. (Photo/Pixabay)

National Australia Bank said on Friday it is planning to set up a credit unit in France to cater to Europe.

"Our subsidiary will offer a range of wholesale banking and investment services products to our customers in the European Economic Area (EEA)," David Gall, the chief customer officer of corporate and institutional banking of Australia's third-largest lender, said in a statement.