International Operations/activity
The Commonwealth Bank's international presence includes:
- Retail banks in New Zealand (ASB Bank), Indonesia (PT Bank Commonwealth), and China (11% of Jinan City Commercial Bank and 19.9% of Hangzhou City Commercial Bank).
- Commonwealth Bank branches in London, New York, Tokyo, Singapore, Hong Kong and Auckland.
- Wholly owned life insurance operations in New Zealand (Sovereign)
- Joint venture life insurance businesses in Indonesia (Astra CMG); China (China Life CMG) and Vietnam (Bao Minh CMG)
- First State funds management business in Hong Kong, Singapore, London, Fiji, China and Indonesia
- Representative offices in Beijing, Shanghai, Hanoi and Bangalore.
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Famous quotes containing the words operations and/or activity:
“Plot, rules, nor even poetry, are not half so great beauties in tragedy or comedy as a just imitation of nature, of character, of the passions and their operations in diversified situations.”
—Horace Walpole (17171797)
“I see advertisements for active young men, as if activity were the whole of a young mans capital. Yet I have been surprised when one has with confidence proposed to me, a grown man, to embark in some enterprise of his, as if I had absolutely nothing to do, my life having been a complete failure hitherto. What a doubtful compliment this to pay me!”
—Henry David Thoreau (18171862)
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