1991 - 2003


Privatisation of the Commonwealth Bank of Australia commences (completed in 1996).


The Commonwealth Bank’s first customer service contact centre opens in Brisbane, followed in March 1994 by a new contact centre in Sydney with a new telephone number – 13 2221.


General insurance established under Commonwealth Connect Insurance Limited (CCIL).

A new stockbroking company is established, Commonwealth Securities Limited, later known as CommSec.

The Commonwealth Bank website www.commbank.com.au is launched


NetBank launched, offering 24-hour internet transaction banking services – a first among the majors in Australian banking. In the same year, BPay, a national electronic bill paying service, commences.


The Commonwealth Bank acquires Colonial Limited.

International Financial Services (IFS) established to unite offshore operations.


The Commonwealth Bank Foundation established to improve the financial literacy of young people and Aboriginal and Torres Strait Islanders.

 Homepage of first website

2004 - 2013


Private Bank is launched.


The Commonwealth Bank acquires Bank Arta Niaga Kencana, doubling the staff and retail branch network of PT Bank Commonwealth, Indonesia.

The Start Smart Program launches to provide financial literacy classes to school students for a basic understanding of how to build children’s financial literacy skills.


The Commonwealth Bank acquires Bankwest.

The Commonwealth Bank opens a branch in Ho Chi Minh City, Vietnam and buys a 15 per cent stake in the Vietnam International Bank in 2010.


The Commonwealth Bank Indigenous Banking Team launched as part of the Group’s Reconciliation Action Plan: a first for Australian banking.


Expansion into Asia continues, illustrated by joint ventures with two Chinese banks, the Jinan City Commercial Bank (now Qilu Bank) and Bank of Hangzhou. Shanghai and Mumbai (India) branches opened.


The Commonwealth Bank announces a $100 million increase in community investment over the next 10 years.


Commonwealth Bank launches new and enhanced CommBank app and Tap & Pay mobile payment technology. 

2014 - 2017


Commonwealth Bank launches state-of-the-art Innovation Lab in Sydney.


Commonwealth Bank is the No.1 Australian company and the No.1 bank in the world on the Global 100 Index for demonstrating strong Environmental, Social and Governance (ESG) practices.

Commonwealth Bank of Australia marks the 25th anniversary since it first listed as a public company on the Australian Securities Exchange (ASX).

CommBank’s Teaching Awards celebrates 5 years rewarding inspirational teachers from across Australia. 


10th anniversary of Commonwealth Bank’s Start Smart program, the world’s largest face-to-face financial education program. 

Commonwealth Bank celebrates a 100-year legacy of giving, with 1,000 Centenary Grants valued at $10,000.

 Clown doctors

2018 onwards


Commonwealth Bank has more than 6.5 million Australians active on Digital and more than 5 million mobile app logons each day.

Sale of New Zealand Sovereign Life insurance businesses to AIA Group.

Sale of the Australian CommInsure Life to AIA Group.

CBA enters agreement to sell global asset management business, Colonial First State Global Asset Management, to Mitsubishi UFJ Trust and Banking Corporation. The transaction follows CBA’s announcement in June 2018 regarding its intention to demerge its wealth management and mortgage broking businesses.

CommBank app