Feb 16 (Reuters) - National Australia Bank on
Thursday reported a 19% jump in its first-quarter cash profit,
benefiting from the central bank's fast-paced monetary policy
tightening and business lending volume growth.
The country's second-biggest lender posted cash earnings of
A$2.15 billion ($1.48 billion) for the quarter ended Dec. 31,
compared with A$1.80 billion a year ago. Analysts had expected
cash earnings of $2.01 billion, according to Visible Alpha
consensus.
($1 = 1.4480 Australian dollars)
(Reporting by Sameer Manekar in Bengaluru; Editing by Shinjini
Ganguli)
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