CommonWealth Bank of Australia

 

The Commonwealth Bank of Australia ( CBA or CommBank) founded in 1911 by the Australian Government. This bank is an Australian Multinational Bank fully privatize in 1996. With National Australia, CommBank is one of the “ big four “Banks. The headquarters of commonwealth bank located at  Tower 1, 201 Sussex Street and two new nine-store buildings.

As Common wealth bank is an Australian multinational bank . The business  across  like New Zealand, Asia, the United States and the United Kingdom. This bank  provide different types of the  financial services. The services  like retail, business and institutional banking, funds management, superannuation, insurance, investment as well as  broking services. It is one of the  largest bank in the Southern Hemisphere and also  the largest Australian listed company . On the Australian Securities Exchange( as of August 2015 ) with brands. The brands  include Bankwest, Colonial First State Investments, ASB Bank (New Zealand), Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure).

The Bank and its related bodies corporate (collectively, Group) is commit for creating long-term value sustainable. The long term value sustainable are develop through  improving the financial well being of our customers and communities. As the Bank is focused on strengthening its governance to achieve better customer and risk outcomes.

The business  Commonwealth Bank is  more than 800,000 shareholders and also over 52,000 employees. The Bank  offer a full range of financial services to help all Australians build and manage their finances.The Bank’s corporate governance arrangement and practice are regularly refined in light of new laws, evolving stakeholder expectations and the dynamic environment in which the Bank operates.

The Commonwealth Bank also  provide service of  online banking services through NetBank. As  NetBank provide  customers to transfer funds, manage accounts, access assets and liabilities . NetBank  also manage savings and saving goals. The Netbank  is also available  with a mobile app available for iOS and Android.

 

 

 

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