Commonwealth Bank of Australia
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A Commonwealth Bank of Australia is an Australian Multinational Bank.
- Context:
- It can provide Financial Services, such as retail banking, business banking, institutional banking, funds management, superannuation, insurance services, broking services.
- See: Australian Securities Exchange, Public Company, Financial Services Company.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Commonwealth_Bank Retrieved:2015-10-27.
- The Commonwealth Bank of Australia is an Australian multinational bank with businesses across New Zealand, Fiji, Asia, USA and the United Kingdom. Commonly referred to as the Commonwealth Bank (or CBA or Commbank), [1] it provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of August 2015 with brands including Bankwest, Colonial First State Investments Limited, ASB Bank (New Zealand), Commonwealth Securities Limited (CommSec) and Commonwealth Insurance Limited (CommInsure). Commonwealth Bank is also the largest bank in the Southern Hemisphere.
Founded in 1911 by the Australian government, the Commonwealth Bank is one of the “big four” Australian banks, with National Australia Bank (NAB), ANZ and Westpac. The bank listed on the Australian Stock Exchange in 1991 and the government fully privatised it in 1996.
- The Commonwealth Bank of Australia is an Australian multinational bank with businesses across New Zealand, Fiji, Asia, USA and the United Kingdom. Commonly referred to as the Commonwealth Bank (or CBA or Commbank), [1] it provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of August 2015 with brands including Bankwest, Colonial First State Investments Limited, ASB Bank (New Zealand), Commonwealth Securities Limited (CommSec) and Commonwealth Insurance Limited (CommInsure). Commonwealth Bank is also the largest bank in the Southern Hemisphere.
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Commonwealth_Bank#Bank_structure Retrieved:2015-10-27.
- Retail Banking Services: This division delivers financial services to personal and small business customers.
- Premium Business Services: Premium Business Services was formally split into two departments in 2009, Institutional Banking & Markets (IB&M) and Business & Private Banking (B&PB). IB&M includes areas of the bank that provides services to Institutional Clients and Global Markets. B&PB includes areas of the bank that provides services to Business customers and private banking customers.
- Wealth_Management Services: Wealth Management brings together the Groups funds management platform, master funds, superannuation, insurance and financial advice business support. Colonial First State, Colonial First State Global Asset Management and CommInsure all form part of Wealth Management.
CBA has been granted a MySuper authority, enabling it to continue to receive default superannuation contribution from 1 Jan 2014.
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Commonwealth_Bank#Products_and_services Retrieved:2015-10-27.
- The Commonwealth Bank is Australia's largest retail bank and offers customers a range of products and services, including loans, credit cards, transaction and savings accounts. It has the largest branch and ATM network. It also offers services to people planning to move to Australia.