The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.


Best bank
Commonwealth Bank of Australia Best equities house

Best debt house
Deutsche Bank

Best M&A house
Deutsche Bank

Commonwealth Bank of Australia (CBA) is not the nation?s largest bank: that is last year?s winner of the best bank award, National Australia Bank. But for improvement in profitability and growth, it is hard to beat CBA. That, coupled with National Australia Bank?s much publicized trading scandal, means that CBA walks off with the award for best bank in Australia.

CBA offers the full range of banking services to the largest customer base of any Australian bank. It has also adopted successfully the bancassurance model ? it is Australia?s third-largest life insurer, the largest manager of local funds and the largest retail fund manager.

CBA?s recent financial performance has been impressive. Net profit doubled in fiscal year 2003, with growth in all areas, most obviously in insurance. CBA has managed its cost base prudently, with its cost to income ratio in the banking division a respectable 50.7%, a meaningful reduction from the previous year.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree