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Level 7, 48 Martin Place Sydney 1155, Australia Tel. +61-2-9378-2000 Fax +61-2-9378-3317 |
Type: Public
On the web:
http://www.commbank.com.au
Employees:
39,621
Employee growth: 4.6%
Commonwealth Bank of Australia (CBA), one of the Australia's Big Four banks, offers retail and commercial banking, insurance, and investment services, including credit cards, home loans, deposit accounts, mutual funds, and retirement products. The bank also provides business and institutional banking. CBA owns brokerage Commonwealth Securities, fund manager Colonial First State, and ASB Bank, which provides banking, investment, and financial services in New Zealand. The company has more than 1,000 branch offices in Australia as well as operations that reach Asia, the UK, and the US. In late 2008 it acquired Australia-based BankWest from British bank HBOS (now part of Lloyds Banking Group).
Key numbers for fiscal year ending June, 2009:
Sales: $13,979.0M
One year growth: (0.7%)
Net income: $3,823.8M
Income growth: (17.4%)
Officers:
Chairman: John M. Schubert
Managing Director and CEO: Ralph J. Norris
CFO and Group Executive, Financial and Risk Management: David Craig
Competitors:
Australia and New Zealand Banking
National Australia Bank
Westpac Banking
