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Last updated 28 March 2008
Strategic vision
To be Australia's finest financial services organisation through excelling in customer service.
Financial information
- Our shareholder base totals more than 700,000.
- More than 75 per cent of our staff in Australia are shareholders.
- For the six months to 31 December 2007, statutory net profit after tax was $2,371 million.
- Net profit after tax on a cash basis was $2,385 million for the six months to 31 December 2007.
- The Group has $454,549 million in assets held and funds under management.
- An interim dividend of $1.13 per share was declared on 13 February 2008, an increase of six per cent on the previous year's interim dividend.
Distribution network
- The Commonwealth Bank operates the largest financial services distribution network in the country with the most points of access.
- 1,010 branches nationally.
- More than 3,800 Australia Post agencies.
- Over 3,300 ATMs nationally.
- The Commonwealth Bank supports more than 180,000 EFTPOS terminals throughout Australia.
- More than 10 call centres, which handle over 120 million calls per annum.
Services
- We offer personal banking services at more than 3,800 Australia Post agencies and transactional banking services for business clients at over 514 Australia Post agencies across the country.
- Our cardholders can use their cards at more than 25 million locations around the world, including over one million ATMs.
- More than 2.3 million active NetBank customers.
- Over 9,400 mortgage brokers.
Scale
- We have established businesses in Australia, New Zealand, Europe and the Asia-Pacific region.
- We have Australia’s largest banking customer base.
- We are one of Australia's leading home loan providers with more than one million home loan customers.
- Our brands include Colonial First State, CommInsure, ASB (New Zealand), FirstChoice, CommSec and Sovereign.
- We are the largest life insurer in Australia, ranking first in the market in terms of in-force annual premiums.
- Commonwealth Bank/Colonial First State has the largest market share of the $590 billion retail managed funds market according to Plan for Life’s December Quarter 2007 report.
Our people
- Our full-time staff equivalent is more than 38,000.
- 65 per cent of our staff are women.
- Chief Executive Officer is Ralph Norris.
- Chairman is Dr John Schubert.
- We offer a range of flexible work options to support our people including career break, parental leave, carer’s leave and study leave.
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