Our company - CommBank (2024)

FAQs

What is CommBank? ›

We're Australia's leading provider of integrated financial services, including retail, premium, business and institutional banking, superannuation, insurance and share-broking products and services.

The ownership structure of Commonwealth Bank of Australia (AU:CBA) stock is a mix of institutional, retail and individual investors. Approximately 10.92% of the company's stock is owned by Institutional Investors, 0.09% is owned by Insiders and 88.99% is owned by Public Companies and Individual Investors.

Located in New York, the Commonwealth Bank in America offers a comprehensive range of financial services to Australian and New Zealand corporate and institutional clients and also provides North American companies with business connections in Australia and New Zealand.

The Commonwealth Bank of Australia (CBA), also known as Commonwealth Bank or simply CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States, and the United Kingdom.

CBA is the largest and most well-constructed of the big four banks. The systems and structures set in place by management have set the company up to be the best prepared of its peers to ride out the short term volatility that may result from the unpredictable external environment.

Use our CommBank ATMs any time. Deposit, withdraw and transfer money instantly. And use them for day-to-day banking too.

Largest shareholders include VGTSX - Vanguard Total International Stock Index Fund Investor Shares, VTMGX - Vanguard Developed Markets Index Fund Admiral Shares, IEFA - iShares Core MSCI EAFE ETF, EFA - iShares MSCI EAFE ETF, FSPSX - Fidelity International Index Fund, BBAX - JPMorgan BetaBuilders Developed Asia ex- ...

Our strategy, to build tomorrow's bank today for our customers, reflects our commitment to use the strength of CBA to support our customers, invest in our communities and provide strength and stability for the broader economy. We are one of the leading banks in Australia, serving more than 17 million customers.

Use instore, online and withdraw local currency at millions of locations, everywhere Mastercard is accepted. Choose a Debit Mastercard with your CommBank account and pay for things using your card, smartphone or wearable.

Currency exchange made easy

Choose from more than 30 currencies, including USD, EUR, GBP, NZD and JPY.

Does CommBank use visa? ›

Our Visa Debit cards are available to Personal and Business current account customers.

Debit Mastercard is accepted at more than 35 million locations worldwide. You can also use it to withdraw cash from any ATM that displays the Maestro, Mastercard or Cirrus logo. If either cards are lost or stolen when you're overseas you can: Cancel and order replacement CommBank cards in NetBank or in the CommBank app.

In financial year 2023, the total assets of the Commonwealth Bank of Australia amounted to approximately 1,252.9 billion Australian dollars. CommBank is one of the largest Australian banks in the world, with a presence in New Zealand, Asia, the United States, and the United Kingdom.

Matt Comyn has been the Chief Executive Officer and Managing Director of the Commonwealth Bank of Australia since 9 April 2018.

CommBank Headquarters and Office Locations

CommBank is headquartered in Sydney, Level 1, Commonwealth Bank Place - South, 11 Harbour Street, Australia, and has 21 office locations.

The Commonwealth works on behalf of member countries to promote peace and prosperity. This includes helping countries with small business development, legislation, election monitoring, and human rights, particularly promoting the role and rights of young people and of women.

CBA 1, or Classroom-Based Assessment 1 is an opportunity for students to spend time researching and investigating a specific topic or field that they're interested in, within the subject. What are Classroom-Based Assessments? The acronym 'CBA' stands for Classroom-Based Assessment.

(Commonwealth), a Pennsylvania-based third-party debt collection company that collects past-due medical debts and furnishes information about consumers to consumer reporting agencies (CRAs).

A cost-benefit analysis measures the benefits of a decision or action by subtracting the associated costs. It involves measurable financial metrics such as revenue earned or costs saved from pursuing a project. The analysis can also consider intangible benefits and costs, like employee morale and customer satisfaction.