NAB Private Wealth - Singapore

Name

NAB Private Wealth - Singapore

Legal name

National Australia Bank Limited

Website

https://nationalaustraliabank.com

Company type

Public

Founded year

1858

Operating status

Acquired

Ownership category

akta.pro rank

Product category

Private Wealth Banking

NAICS

All Other Financial Investment Activities (52399), Trust, Fiduciary, and Custody Activities (523991)

akta.pro primary industry

High-Net-Worth (HNW) Private Banking (FSABADAB)

akta.pro secondary industry

Private Banking & UHNW Wealth Advisory (FSAEABAC)

Keywords

• Private wealth banking
• Wealth management services
• Corporate banking services
• Transaction banking solutions
• Trade finance services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Corporate Banking Services: NAB generates revenue through corporate and institutional banking services including Corporate Finance, Fixed Income Solutions, Trade Finance, Transaction Banking, and Business Banking. Services include trade and working capital, specialised and acquisition finance, bonds and syndicated loans, risk management and treasury services, debt capital markets, transactional banking services, fixed income, FX, commodities and interest rate derivatives.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

NAB Private Wealth - Singapore provided tailored banking solutions, investment solutions, and wealth advice solutions for high-net-worth clients in Singapore. The business was acquired by OCBC in November 2017, and all private wealth enquiries in Singapore are now directed to OCBC branches. NAB continues to maintain corporate banking presence in Asia through offices in China, Japan, and Singapore.

Product overview

NAB Private Wealth in Singapore was a service offering tailored banking solutions, investment solutions, and advice solutions for high-net-worth clients. However, the company explicitly notes that in November 2017, their private wealth business was acquired by OCBC in Singapore, and all private wealth enquiries should now be directed to OCBC branches. The remaining NAB operations in Asia (China, Japan, and Singapore) focus on corporate and institutional banking services including Corporate Finance, Fixed Income Solutions, Trade Finance, Transaction Banking, and Business Banking services.

Differentiator

Problem solved

Functional benefit

Products and services

• NAB Private Wealth Singapore Tailored banking solutions, investment solutions, and wealth advice solutions for high-net-worth individuals in Singapore. The business was acquired by OCBC in November 2017 and no longer operates as a standalone NAB offering.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• OCBCformerOthers · 1 November 2017In November 2017, NAB's private wealth business in Singapore was acquired by OCBC. Private wealth clients in Singapore are now directed to OCBC branches for all private wealth enquiries. This represents a divestment rather than a partnership.

Scale indicators3 records

Recent moves3 records

Direct peers

• UBS Wealth Management: UBS Global Wealth Management is one of the largest global private banking franchises serving HNW and UHNW clients with advisory, discretionary portfolio management, and tailored banking—directly comparable to NAB Private Wealth's value proposition for high-net-worth clients in Singapore.
• DBS Private Bank: DBS Private Bank is a Singapore-headquartered wealth management franchise offering tailored banking, investment, and advisory solutions to HNW clients across Asia. Directly comparable as a leading domestic player in the same Singapore private wealth market.
• Julius Baer: Julius Baer is a pure-play global private banking specialist serving HNW clients with advisory, discretionary management, and tailored solutions across Asia including Singapore. Comparable as a focused wealth management operator with no retail/commercial banking distraction.
• Bank of Singapore: Bank of Singapore is the private banking subsidiary of OCBC serving HNW clients with bespoke wealth solutions. Comparable as a Singapore-anchored private wealth franchise with explicit advisory and discretionary portfolio management capabilities in the same market segment.
• Standard Chartered Private Bank: Standard Chartered Private Bank provides wealth advisory, investment, and banking services to HNW clients across Asia, Africa, and the Middle East. Comparable for cross-border wealth management with strong Singapore and regional Asia presence.
• UOB Privilege Banking / UOB Private Bank: UOB Privilege and Private Bank serve HNW and UHNW clients in Singapore and across Southeast Asia with tailored banking, investment, and wealth advisory offerings. Directly comparable as a Singapore-headquartered competitor targeting the same domestic HNW client base.
• HSBC Private Banking: HSBC Premier and Global Private Banking offer HNW banking, investment solutions, and wealth advisory across Asia including Singapore. Comparable as a global bank-affiliated private wealth franchise competing for the same cross-border HNW client segment.
• OCBC Bank Private Banking: OCBC acquired NAB's Singapore private wealth business in November 2017 and is now a direct successor operator. Comparable as a Singapore-anchored private banking franchise serving HNW clients with tailored banking, investment, and advisory solutions in the same market.

Peers

• Pictet Wealth Management:

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Customer concentration

• Xtwitter.com/NAB
• YouTubeyoutube.com/user/nab
• Facebookfacebook.com/NAB
• LinkedInlinkedin.com/company/national-australia-bank
• Instagraminstagram.com/nab
• TikToktiktok.com/@nab

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NAB Private Wealth - Singapore