Commonwealth Bank of Australia provides integrated financial services, including retail, business and institutional banking, superannuation, life insurance, general insurance, funds management, broking services, and finance company activities. The company, as of June 30, 2009, operated 1,142 branches/services centers; 3,859 agencies; 4,075 ATMs; and 167,025 EFTPOS terminals. Segments Retail Banking Services The company provides retail banking services within Australia, including housing loans, credit cards, personal loans, savings and cheque accounts, and demand and term deposits. Business and Private Banking The company offers commercial products within Australia, including business loans and deposits and asset finance facilities to small and medium sized corporate customers, and to rural and agribusiness customers. This segment also provides private banking services to high net worth individuals, and margin lending through CommSec. Institutional Banking and Markets The company provides a range of resources to assist clients to grow and manage their business, creating customized solutions based on specific needs, industry trends and market conditions. The Total Capital Solutions offering includes debt and capital markets, risk management and transactional banking to corporate and institutional clients. This segment also has wholesale banking operations in London, New York, Singapore, Hong Kong, and Malta. Wealth Management The Wealth Management segment conducts Australian funds management business comprising wholesale and retail investment, superannuation, and retirement funds. Investments are across all major asset classes, including Australian and international shares, property, fixed interest, and cash. This segment also has funds management businesses in the United Kingdom and Asia. The Wealth Management segment also provides Australian term insurance, disability insurance, annuities, master trusts, investment products, and general insurance. International Financial Services The company has full service banking operations in New Zealand, Fiji, Indonesia, and a branch in Vietnam. It also has wholesale banking operations in Indonesia, regions of China, and Tokyo. International Financial Services segment also conducts Life Insurance operations in New Zealand, as well as Asia and the Pacific, and conducts Funds Management business in New Zealand. Bankwest The company operates full service retail and commercial banking services within Australia under the Bankwest brand.
commonwealth bank of austral
(CBA:Australian Stock Exchange Ltd)
201 Sussex Street
Sydney, NSW 2000
Phone: 61 2 9378 2000
Fax: 61 2 9118 7192www.commbank.com.au
The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.
|No competitor information is available for CBA.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact COMMONWEALTH BANK OF AUSTRAL, please visit www.commbank.com.au. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.