Admin Table of Contents
- 1 How much money does Commonwealth Bank have?
- 2 How much debt does Commonwealth Bank have?
- 3 Is CBA biggest bank in Australia?
- 4 How much does the CEO of Commonwealth Bank earn?
- 5 How many customers does CBA?
- 6 What is the richest bank in Australia?
- 7 Where is the headquarter of Commonwealth Bank located?
- 8 What is the abbreviation for Commonwealth Bank?
How much money does Commonwealth Bank have?
Commonwealth Bank
| 1 Darling Park Headquarters, Sydney | |
|---|---|
| Revenue | A$30.16 billion (2020) |
| Net income | A$9.63 billion (2020) |
| Total assets | A$1.014 trillion (2020) |
| Total equity | A$72.01 billion (2020) |
How big is the Commonwealth Bank?
Commonwealth Bank was founded under the Commonwealth Bank Act in 1911 and commenced operations in 1912, empowered to conduct both savings and general banking business. Today, we’ve grown to a business that serves 15.9 million customers, employs 48,900 people and has more than 800,000 shareholders.
How much debt does Commonwealth Bank have?
Liabilities & Shareholders’ Equity
| All values AUD Millions. | 2021 | 2020 |
|---|---|---|
| Foreign Office Deposits | 94,908 | 87,510 |
| Unspecified Deposits | – | – |
| Deposits Growth | 9.44% | 11.63% |
| Total Debt | 167,229 | 202,618 |
What’s the biggest bank in Australia?
Commonwealth Bank of Australia
Commonwealth Bank of Australia was the largest Australian bank as at H1 2021, by value of total assets. As of that date, the value of assets amounted to 1,058 billion Australian dollars.
Is CBA biggest bank in Australia?
Commonwealth Bank It is the largest of the banks in Australia and offers a diversified range of financial products and services. It currently provides retail, business, institutional banking, and wealth management products and services to its 16.6 million customers.
How much does CommBank make a year?
Commonwealth Bank has unveiled a cash net profit from continuing operations for the 2020 Financial Year of $7.3 billion, which reflects the continuing strong performance of the Group and includes a $1.5 billion COVID-19 loan impairment provision.
How much does the CEO of Commonwealth Bank earn?
As the Chief Executive Officer, Managing Director, and Executive Director of Commonwealth Bank of Australia, the total compensation of Matt Comyn at Commonwealth Bank of Australia is AUD$5,682,180.
Who owns the Commonwealth of Australia?
Australian Government
The Commonwealth of Australia is a Form 18-K United States SEC registered entity representing the nation of Australia for the purpose of issuing securities in the US market….Commonwealth of Australia (US Corporation)
| Type | Form 18-K registered entity |
|---|---|
| Owner | Australian Government |
How many customers does CBA?
17 million customers
As of June 30, 2020, Commonwealth Bank had approximately 17 million customers, three million more than Westpac Banking Corporation….Number of customers at the big four banks in Australia as of September 2020 (in millions)
| Characteristic | Number of customers in millions |
|---|---|
| – | – |
How do I pay my Commonwealth bank debt?
How to do this:
- Order your debts from smallest to largest in terms of money owed.
- Make the minimum payment on each debt by the payment due date each month.
- Use any extra cash to pay more off your smallest debt.
- Keep going until all your debts are cleared.
What is the richest bank in Australia?
Big four banks
| Rank | Company | Total assets (2016) |
|---|---|---|
| 1 | Commonwealth Bank of Australia (CBA) | A$933.078 billion |
| 2 | Westpac Banking Corporation (Westpac) | A$839.202 billion |
| 3 | Australia and New Zealand Banking Group (ANZ) | A$914.900 billion |
| 4 | National Australia Bank (NAB) | A$777.622 billion |
Where does Commonwealth Bank of Australia make most of its money?
How Commonwealth Bank of Australia makes most of its money Just over half of Commonwealth Bank of Australia’s (ASX:CBA) income is from retail lending.
Where is the headquarter of Commonwealth Bank located?
Commonwealth Bank’s global headquarters in Darling Harbour and Darling Quarter, Sydney Foundation (1911–1919) See also: Reserve Bank of Australia
What are the products and services of the Commonwealth Bank?
Products and services. The Commonwealth Bank is Australia’s largest retail bank and offers customers a range of products and services, including loans, credit cards, transaction and savings accounts. It has the largest branch and ATM network. It also offers services to people planning to move to Australia.
What is the abbreviation for Commonwealth Bank?
Commonwealth Bank. The Commonwealth Bank of Australia (abbreviated CBA or CommBank) is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, business and institutional banking, funds management, superannuation,…