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CBA delivers strong performance in a challenging environment
Commonwealth Bank has unveiled a cash net profit from continuing operations for the 2020 Financial Year of $7.3 billion, which reflects the continuing strong performance of the Group and includes a $1.5 billion COVID-19 loan impairment provision.
Supporting communities a critical priority for Commonwealth Bank
FY20 was certainly a tumultuous year, marked by bushfires, droughts and a global pandemic. To help provide assistance to impacted Australians, Commonwealth Bank launched a number of new support measures.