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.
Read more about this topic: Commonwealth Bank
Famous quotes containing the words operations and/or activity:
“You can’t have operations without screams. Pain and the knife—they’re inseparable.”
—Jean Scott Rogers. Robert Day. Mr. Blount (Frank Pettingell)
“Dissent is the native activity of the scientist, and it has got him into a good deal of trouble in the last years. But if that is cut off, what is left will not be a scientist. And I doubt whether it will be a man.”
—Jacob Bronowski (1908–1974)