Commonwealth Bank of Australia

Commonwealth Bank of Australia
Commonwealth Bank

Commonwealth Bank of Australia (CBA or CommBank), established in 1911, is the largest bank in Australia by total assets and market capitalization. It has the biggest branch and ATM network, and number one in home lending, household deposits and credit cards in Australia. With about 42,000 employees, 10 million retail customers and 1,120 branches, the company offers a comprehensive range of award-winning products and services including personal and business loans, mortgages, current and savings accounts, term deposits, corporate and institutional banking, premier and private banking, asset and wealth management, equipment and car finance, insurance, superannuation, investments, brokerage services, mobile and online banking, credit and debit cards, foreign exchange and more. The insurance products include home, contents, health, car, life and travel Insurance. Income protection is provided by AIA Australia. Commonwealth Bank has international offices in New York, London, Tokyo, Auckland, Hong Kong, Beijing, Shanghai and Singapore, among others. All branches support international money transfers and travel money card services. As of June 30, 2020, CBA reported over $1 trillion in total assets, $699 billion in deposits and $777.7 billion in total group lending including $543 billion in home loans and $217 billion in business and corporate loans. The company's market capitalization was $178 billion as of June 1, 2021.

Commonwealth Subsidiaries:
Colonial First State
Commonwealth Securities
Colonial National Bank (Fiji)
PT Bank Commonwealth
ASB Bank (New Zealand)

Credit Ratings:
Standard & Poor’s: AA-/A1+
Fitch: A+/F1
Moody’s: Aa3/P-1

Headquarters address:
Ground Floor, Tower 1
201 Sussex Street
Sydney NSW 2000
Phone number: +61 2 9378 2000
Fax: +61 2 9118 7192