CommBank emphasises conservative funding profile in results announcement
- Wednesday, 10 August 2011
The bank's strong funding base and advance preparations for forthcoming Basel III regulations were a focus of Commonwealth Bank of Australia (CommBank)'s annual results presentation on August 10. While CommBank has seen a marginal reduction in the average tenor of its wholesale term debt and a slight increase in the proportion of wholesale funding sourced in short-term markets, these have been offset by deposit growth.
