Australia's CBA says no comment on Dubai report
SYDNEY |
SYDNEY Nov 27 (Reuters) - Australia's second-biggest lender, Commonwealth Bank of Australia Ltd (CBA.AX), declined on Friday to comment on a report that it had an exposure to Dubai World, a conglomerate at the heart of the emirate's debt problems.
It made the statement in response to an earlier report by Australian Associated Press.
A bank spokesman told Reuters it was not appropriate for the bank to discuss confidential client information.
(Reporting by Morag MacKinnon; Editing by Mark Bendeich) ((mark.bendeich@thomsonreuters.com; +612 93731817; mark.bendeich.reuters.com@reuters.net))
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