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.
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