Overview
Description
Commonwealth Bank of Australia, commonly referred to as CBA, is a major multinational bank serving millions of customers worldwide. As a full-service financial institution, it provides a comprehensive suite of financial products and services, including retail, business, and institutional banking, funds management, insurance, investment, and brokering services. Established in 1911, CBA is well-regarded as one of the "big four" Australian banks, playing a crucial role in Australia's banking sector. The bank is a pivotal player in the Australian economy, impacting a wide range of industries from real estate financing to supporting small and medium enterprises (SMEs). With its headquarters in Sydney, CBA has a significant presence in financial markets through its robust capital management and risk operations. The bank's innovative approach, such as embracing digital banking solutions, enhances customer experience and drives efficiency in financial transactions. Further, CBA is committed to sustainability, supporting community development and implementing environmentally responsible business practices. As a major financial pillar, Commonwealth Bank of Australia significantly contributes to regional economic stability by providing essential banking services, promoting financial literacy, and fostering economic growth.
About
CEO
Mr. Matthew Comyn EMBA
Employees
49682
Address
Commonwealth Bank Place South
Level 1 11 Harbour Street
Sydney, 2000, NSW
Australia
Level 1 11 Harbour Street
Sydney, 2000, NSW
Australia
Phone
61 2 9262 8200
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Diversified
Country
Australia
MIC code
XASX