Determined to offer strength in uncertain times

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. We’re one of only 20 banks in the world to have the security of a AA credit rating More Australians trust us with their hard earned savings than any other bank We’re owned by more Australians than any other bank We help more people own their own home We have 96 years of experience helping our customers through good and bad times, and counting

 

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.

Independent experts, Standard & Poor’s and Moody’s & Fitch have confirmed our strong credit rating and 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.

 

 

1. Global Finance World’s Best Developed Market Banks Awards 2008