CBA
From IntFX
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[edit] Company Overview
Commonwealth Bank of Australia is a provider of integrated financial services including retail, business and institutional banking, superannuation, life insurance, general insurance, funds management, broking services and finance company activities. Its segments include Banking, Funds Management and Insurance. It offers retail banking services, a range of commercial products, including business loans, equipment and trade finance, and rural and agribusiness products. It offers structured finance, equities and advisory solutions, financial markets and equity markets solutions, transactions banking and merchant acquiring. During the fiscal year ended June 30, 2006, the Hong Kong-based life insurance, pension's administration and financial planning businesses were sold. In July 2006, the Company sold its interest in Loy Yang A power Station and the adjacent brown coal mine to Transfield Services Limited. In December 2006, it acquired over 50% interest in Bank Arta Niaga Kencana Tbk.
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