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The Commonwealth Bank of Australia was established by the Commonwealth Bank Act 1911, introduced by the Andrew Fisher Labor government, which favoured bank nationalisation, with effect on 22 December 1911. [10] [11] In a rare move for the time, the bank was to have both savings and general bank business. The bank was also the first bank in ...
The image of the building itself became familiar to many people across Australia during the 20th century through its use on money boxes issued by the Commonwealth Bank to children starting from 1922. The money boxes were rectangular shape, roughly reflecting the dimensions of the bank building, and printed with the building's exterior.
Commonwealth Securities Limited, or CommSec, is Australia's largest online stockbroking firm. It is a subsidiary of the Commonwealth Bank . Though its Internet trading platform constitutes the vast majority of its business, it also offers a telephone based brokerage service, and investment advisory services. [ 1 ]
The Commonwealth Bank Officers' Association was an Australian trade union, comprising staff of the Commonwealth Bank of Australia. It was established in 1930 and continued until 1993 when combined with another sector union to form the Finance Sector Union in a wider process of union amalgamation in Australia at that time.
About $140 million came from donations from diocesan churches, the remainder coming from in-kind contributions, investments, program fees, and community donations. [17] The Catholic Charities of the Archdiocese of Washington holds a fundraising gala every year and raised $2.4 million in 2017.
The Grameen Bank of Bangladesh is a microfinance organization and community development bank founded by Muhammad Yunus. The bank has grown into a family of over two dozen for-profit and nonprofit enterprises including the Grameen Foundation, and the Grameen Bank and its founder were awarded the Nobel Peace Prize in 2006.
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Following the closure of the Bank of New South Wales in 1928 and the Queensland National Bank in 1929, the Commonwealth remained the only bank in Mount Morgan until 1950 when the ANZ bank opened a branch there. During the Second World War the Commonwealth Bank, it branches and agencies, acted as an agent for the government. As part of the ...