Dec 15 (Reuters) - National Australia Bank Ltd NAB.AX :
* COMMITTING TO SOURCE 50 PERCENT OF CO'S AUSTRALIAN ELECTRICITY DEMAND FROM RENEWABLE ENERGY PROJECTS BY 2025
* ON TRACK TO MEET APRA'S CET1 RATIO TARGET BY 2020
* WILL NO LONGER FINANCE NEW THERMAL COAL MINING PROJECTS
* EXPECTED TO LEAD TO A NET REDUCTION OF 4,000 ROLES OVER NEXT THREE YEARS
* "TARGETING A REDUCTION IN PRODUCTS OF 50 PER CENT"
* "STREAMLINING OUR SYSTEMS AND TARGETING A 15-20 PER CENT DECREASE IN IT APPLICATIONS"
* "WE ARE TAKING A LONG-TERM VIEW, AND INVESTING AN ESTIMATED $4.5 BILLION OVER THE NEXT THREE YEARS "