We're pleased to advise that on 1 June 2022, National Australia Bank Limited (NAB) acquired the consumer banking business from Citigroup Pty Ltd (Citi) and appointed Citi to provide transitional services. "Citi", "Citibank", "Citigroup", the Arc design and all similar trade marks and derivations thereof are used temporarily under licence by NAB from Citigroup Inc. and related group entities.
A Target Market Determination (TMD) is a document that describes the likely objectives, financial situation and needs of consumers that would form the target market for a financial product. The TMD also outlines the conditions of how the product can be distributed, sold, and where there may be a need to review a TMD.
