Commonwealth
Bank Company Information
About
The Commonwealth Bank Company
The
Commonwealth Bank is one of Australia's leading financial institutions
with businesses in New Zealand, Asia and the United Kingdom. They
are positioned for future growth, and aim to provide accessible
banking and financial services for all Australians; fair, safe,
challenging and rewarding employment for staff and to reward all
shareholders through dividends and capital growth.
Profile
Commonwealth Bank are one of Australia’s leading providers
of integrated financial services including retail, premium, business
and institutional banking, funds management, superannuation, general
and life insurance, broking services and finance company activities.
Strategy
Their vision is to be chosen and respected as an excellent provider
of financial services. They have a number of aspirations and business
goals to help us achieve this vision.
Structure
Commonwealth Bank combine product development and service delivery
with customer segment requirements, bringing us closer to our customers
and helping them to meet customers' needs.
Commonwealth
Bank Leaders
It's their team of leaders who ensure the business works together
to support staff and grow the business.
Commonwealth
Bank People
It is their staff who ‘Make it happen’, helping their
customers manage and build wealth. With over 31,000 staff, they
are one of Australia’s largest employers and tey support their
staff through a range of benefits and services.
Funding
Commonwealth Bank raise and maintain the Bank’s wholesale debt
and capital in both the domestic and international capital markets
in a cost efficient manner.
Facts
and figures
With over 130,000 distribution points across the country and businesses
overseas, Commonwealth Bank are a diverse organisation with a long
history in the Australian banking industry.
History
The Commonwealth Bank was founded under the Commonwealth Bank Act
in 1911 and commenced operations in 1912. The Bank was empowered
to conduct both savings and general banking business. Today, they
ahve grown to a business with over 700,000 shareholders, offering
a full range of financial services to help every Australian build
and manage wealth.
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