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APRA revokes 86 400 Ltd's authorised deposit-taking institution licence

Wednesday 8 December 2021

The Australian Prudential Regulation Authority (APRA) has revoked 86 400 Ltd's authorised deposit-taking institution (ADI) licence under the Banking Act 1959

This determination follows the acquisition of 86 400 Ltd by National Australia Bank Limited (NAB) in May 2021 and the subsequent transfer of 86 400's banking assets and liabilities to NAB.

An updated list of ADIs can be found on the APRA website at: Register of authorised deposit-taking institutions.

Media enquiries

Contact APRA Media Unit, on +61 2 9210 3636

All other enquiries

For more information contact APRA on 1300 558 849.

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $7.9 trillion in assets for Australian depositors, policyholders and superannuation fund members.