Determined to offer strength in uncertain times
Australia's leading bank
In times like these you want a bank that’s secure, strong and solid. So it is reassuring to know that the Commonwealth Bank is one of the world’s strongest banks.
Recognition of our strength
The Commonwealth Bank won the 2008 Bank of the Year award from Money Magazine. And we have been awarded Best Bank – Australia by Global Finance Magazine 1.
Cannex has given more than 25 of our products a five star rating.
What are we doing?
We have been closely monitoring the global financial situation and it’s now evident that our years of disciplined credit and market risk management have set us up for dealing with uncertain times. We were one of the first banks in the world to be granted advanced accreditation under Basel II, which is an important acknowledgement of our increased sophistication in risk measurement and management.
Our strong capital and funding positions, together with our sound management approach means we will continue to manage our business to protect the interests of our customers and shareholders.
Want to know more about the Government Guarantee on deposits?
How can we help you?
Whether you are saving or borrowing, we understand the current market conditions may make you wonder where your money is best placed. Drop into your local branch for a free Financial Health Check, or call your banker, so we can help you have peace of mind.
We’ll be here for you today, tomorrow and many years to come.
- Global Finance World’s Best Developed Market Banks Awards 2008