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A Bank State Branch (often referred to as "BSB") is the name used in Australia for a bank code, which is a branch identifier.The BSB is normally used in association with the account number system used by each financial institution.
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 ...
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 ...
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank.There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, [1] and a large number of other financial institutions, such as credit unions, building societies and mutual banks ...
The Commonwealth Bank Building is a heritage building in Perth, Western Australia, on the western side of Forrest Place in the city's central business district. It was built in 1933, some ten years after the creation of the Forrest Place road between Murray Street and Wellington Street in 1923.
Prior to his appointment to the Future Fund, Murray was the Chief Executive Officer of the Commonwealth Bank between 1992 and 2005. In Murray's 13 years as Chief Executive, the Commonwealth Bank transformed from a partly privatised bank with a market capitalisation of $6 billion in 1992 to a $49 billion integrated financial services company, [2] generating in the process total shareholder ...
For example, 0260-0959-3 is the routing number for Bank of America incoming wires in New York, with the initial "02" indicating the Federal Reserve Bank of New York. 21 through 32 were assigned only to thrift institutions (e.g. credit unions and savings banks) through 1985, but are no longer assigned (thrifts are assigned normal 01–12 numbers).
On 18 December 2012, Commonwealth Bank increased its share of ownership to 80% then to 100% in August 2017. In December 2020, Commonwealth Bank announced plans to divest 55 per cent of its holding in Aussie Home Loans in a deal that would merge the company with fellow mortgage broker Lendi. [ 7 ]