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CBA Financial Summary

The Commonwealth Bank of Australia has been in business for almost 100 years. The group’s services are targeted towards four major areas: retail banking, premium business, wealth management, and international financial services. In view of the world financial crisis, CBA managed to increase its profits by 7% and dividends by 4% in 2008, compared to 2007. A strong growth was registered in the domestic deposits, as well as in lending balances for businesses and households. The group is currently investing in strategic priorities like better customer service, improved operations, and profitable growth in order to position CBA as Australia’s finest financial services organisation.

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