Having now recovered financially, the bank’s senior management is seeking to take advantage of the international opportunities it is faced with, reported The Age.

Instead of placing efforts in penetrating the highly competitive overseas retail banking and lending market, National Australia Bank (NAB) is looking to focus on three areas, namely agricultural, wealth management and the financial solutions centers developed in Britain, The Age revealed.

As part of its new strategy, NAB is reportedly targeting Britain, western Europe and North America. The group is said to believe that Europe offers quick and easy expansion opportunities.