Commonwealth Bank of Australia · Sydney Australia ·(Australian: CBA)
Company Description
Phone: +61-2-9378-2000
Fax: +61-2-9378-3317
Rankings
- ASX All Australian 50
- #108 in FT Global 500
View Commonwealth Bank of Australia Locations On A US Map
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This link will open in a new window Commonwealth Bank of Australia (CBA), one of the Australia's Big Four banks, offers retail and commercial banking, insurance, and investment services, including credit cards, home loans, deposit accounts, mutual funds, and retirement products. The bank also provides business and institutional banking. CBA owns brokerage Commonwealth Securities, fund manager Colonial First State, and ASB Bank, which provides banking, investment, and financial services in New Zealand. The company has more than 1,000 branch offices in Australia as well as operations that reach Asia, the UK, and the US. In late 2008 it acquired Australia-based
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Key Commonwealth Bank of Australia Financials
| Company Type | Public - Australian: CBA Headquarters |
| Fiscal Year-End | June |
| 2009 Sales (mil.) | $13,979.0 |
| 2008 Employees | 39,621 |
Commonwealth Bank of Australia Executives
51 executives listed for Commonwealth Bank of Australia's Sydney, location.
| Title | Name & Bio | Contact |
| Chairman | John Schubert | Network |
| Managing Director and CEO | Ralph Norris | Network |
| CFO and Group Executive, Financial and Risk Management | David Craig | Network |
Competition
Competitive Landscape for Commonwealth Bank of Australia
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Commonwealth Bank of Australia Competitors
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