National Australian Bank Ltd. (NAB.AU) said Thursday it "continues to pursue its options" regarding its interest in buying the Australian and New Zealand operations of AXA Asia Pacific Holdings Ltd. (AXA.AU) despite the competition regulator's rejection of its takeover offer for the wealth manager.

Chief Executive Cameron Clyne wouldn't specify whether the bank would be prepared to alter the structure of its offer.

"We're not ruling any options in or out at the moment," Clyne told reporters.

Australia's fourth largest bank by market value reiterated that it is considering corporate opportunities including acquisitions in the U.K.

"But we don't feel pressured to either consolidate or divest," Clyne said. "We feel very pleased with our business there at the moment."

-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; ross.kelly@dowjones.com
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