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.