Commonwealth Bank

Commonwealth Bank of Australia (ASX: CBA) is a financial services company providing a broad range of products and services to retail, business and institutional customers. With 51,714 full-time equivalent employees at 30 June 2026, Commonwealth is the largest bank in Australia by market capitalization, with businesses across Asia, the European Union, New Zealand, North America and the United Kingdom. The Bank offers a full range of retail banking services including home and car loans, credit and debit cards, personal loans, transaction accounts, demand and term deposits through the Commonwealth Bank and Bankwest brands, and home loans under the Unloan brand. It also offers business loans, equipment and trade finance, rural and agribusiness products, corporate finance, equities, payments and transaction services, securities underwriting, investment management and custody services. Its Australian insurance and wealth management businesses have since been sold or reduced to minority holdings, and for the year ended 30 June 2026 the group reported five operating segments: Retail Banking Services, Business Banking, Institutional Banking and Markets, New Zealand, and Corporate Centre and Other. Commonwealth Bank was established in 1911 by the Australian government and was fully privatised in three stages from 1991 until 1996. The Bank’s shares were listed on the Australian Stock Exchange (ASX) on 12 September 1991. In 2008, Commonwealth acquired Australia-based BankWest from British bank HBOS. For the year ended 30 June 2026 the Commonwealth Bank Group reported more than 18 million customers and a domestic network of about 640 branches. Commonwealth is classified as one of the world's safest banks being one of only eight banks globally to achieve and maintain an AA rating. At 30 June 2026 the Bank had total assets of A$1,452.456 billion. As of June 30, 2015, it had total assets of A$873.446 billion, business and corporate loans of A$198.476 billion, home loans of A$422.851 billion, personal loans (including credit cards and margin lending) of A$23.5 billion, savings deposits of A$176.497 billion and investment deposits of A$195.065 billion.

 Credit Ratings

Commonwealth Bank Subsidiaries

Subsidiaries include ASB Bank (New Zealand), CBA Europe N.V. and Commonwealth Securities. Bankwest and Unloan are retail brands operated within Retail Banking Services as divisions of Commonwealth Bank of Australia rather than as separately licensed institutions.

The bank previously also held Colonial First State, Sovereign Limited, CommInsure, Colonial National Bank (Fiji), PT Bank Commonwealth (Indonesia) and AMTD Group Company Limited (Hong Kong). Colonial First State is now 55 per cent owned by an affiliate of Kohlberg Kravis Roberts & Co. (KKR), with Commonwealth Bank holding the remaining 45 per cent; the CommInsure general insurance and life insurance businesses have been sold; and the 99 per cent interest in PT Bank Commonwealth was sold in the year ended 30 June 2024.

Domestic distribution network (June 2026)
•   about 640 branches nationally
•   about 1,770 ATMs
•   51,714 full-time equivalent staff (Group)

Domestic distribution network (June 2015)
•   1,147 branches nationally
•   3,670 Post agencies
•   4,400 ATMs
•   208,202 EFTPOS terminals
•   45,948 FTE employees

International network
•   Retail bank in New Zealand (ASB Bank). The 99 per cent interest in PT Bank Commonwealth in Indonesia was sold in the year ended 30 June 2024.
•   Banking investment in China (Qilu Bank). The remaining shareholding in Vietnam International Bank was sold on 5 March 2025 and the remaining holding in Bank of Hangzhou on 10 June 2025.
•   Life insurance in New Zealand (Sovereign), Indonesia (Commonwealth Life) and a joint venture in China (BoCommLife).
•   Banking branches in London, New York, Tokyo, Hong Kong, Shanghai, Singapore, Auckland and Mumbai.
•   Representative offices in Beijing and Hanoi.

Commonwealth Bank International Branches

Head office address:
Commonwealth Bank Place South, Level 1
11 Harbour Street
Sydney NSW 2000, Australia
Phone: +61-2-9378-2000
Fax: +61-2-9378-3317
Website: www.commbank.com.au