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Commonwealth Bank of Australia (CBA.AX)

CBA.AX on Australia Stock Exchange

81.58AUD
20 Jan 2017
Change (% chg)

$-1.09 (-1.32%)
Prev Close
$82.67
Open
$81.95
Day's High
$82.08
Day's Low
$81.31
Volume
2,537,711
Avg. Vol
2,871,168
52-wk High
$85.65
52-wk Low
$69.22

Latest Key Developments (Source: Significant Developments)

Hotel Property Investments announces expected distribution, refinancing and property revaluation
Wednesday, 21 Dec 2016 05:20am EST 

Hotel Property Investments Ltd : Expected distribution, refinancing and property revaluation . Total expected distribution for half year of 22.2 cents . Has refinanced its outstanding loan facilities, entering into new 3 and 5 year loans with Commonwealth Bank And Westpac . Aggregate limit of facilities is $285 million, with $247.3 million drawn or committed at 21 december 2016 . Expected distribution of 9.7 cents per stapled security from trading operations for half year ending 31 december 2016 . Board amended its valuation policy, it will obtain independent valuations for at least 50% of properties each year .Commissioned independent valuations for property portfolio; total valuation at $644.8 million, an increase of $56.5 million.  Full Article

RCR Tomlinson updates on loan agreement with Commonwealth Bank Of Australia
Tuesday, 13 Dec 2016 09:20pm EST 

Rcr Tomlinson Ltd :Entered into new 3 year term for expanded syndicated banking facility of $286.25 mln arranged by Commonwealth Bank Of Australia.  Full Article

Commonwealth Bank Of Australia issues JPY20 billion worth of subordinated notes
Thursday, 1 Dec 2016 05:19pm EST 

Commonwealth Bank Of Australia - : It issued JPY20 billion worth of subordinated notes . Issue of subordinated notes by CBA will not have a material impact on CBA's financial position .JPY20 billion subordinated notes due 2026 were issued pursuant to CBA's Euro Medium Term Note Programme.  Full Article

Fitch says Australia's major banks face more profitability pressure
Tuesday, 8 Nov 2016 07:36pm EST 

: Fitch: Australia's major banks face more profitability pressure . Fitch - Operating profit of Australia's 4 major banks likely to be under further pressure in next 12 months from stress in mining, apartment-building sectors .Fitch - Australian banks are still likely to remain highly profitable compared with their international peers.  Full Article

Fitch says Australia's major banks face more profitability pressure
Tuesday, 8 Nov 2016 05:31pm EST 

: Fitch: Australia's major banks face more profitability pressure . Fitch - Operating profit of Australia's 4 major banks likely to be under further pressure in next 12 months from stress in mining, apartment-building sectors .Fitch - Australian banks are still likely to remain highly profitable compared with their international peers.  Full Article

Commonwealth Bank Of Australia says CBA instalments will commence trading ex-dividend
Tuesday, 25 Oct 2016 08:50pm EDT 

Commonwealth Bank Of Australia :CBA instalments will commence trading ex-dividend on 27 october 2016.  Full Article

Commonwealth Bank Of Australia says CBA instalments will commence trading ex-dividend
Tuesday, 25 Oct 2016 06:37pm EDT 

Commonwealth Bank Of Australia :CBA instalments will commence trading ex-dividend on 27 october 2016.  Full Article

Commonwealth Bank Of Australia says Chairman David Turner to retire
Tuesday, 11 Oct 2016 05:32pm EDT 

Commonwealth Bank Of Australia : Commonwealth Bank announces appointment of new chairman . Chairman David Turner will retire from board at end of December 2016 .He will be succeeded as chairman by current non-executive director Catherine Livingstone AO.  Full Article

ACCC continues review of banks’ application for authorisation to bargain with Apple
Thursday, 18 Aug 2016 07:49pm EDT 

Commerce Apple pay platform : ACCC says continuing to assess applications for authorisation by Commonwealth Bank of Australia, Westpac Banking Corporation, National Australia Bank and Bendigo and Adelaide Bank . ACCC says the accc has considered interim authorisation within a short timeframe at the request of the applicants . Australian competition and consumer commission says expect to release a draft decision in October 2016 .  Full Article

Commonwealth Bank of Australia comments on Moody's outlook for Australia banks
Thursday, 18 Aug 2016 06:31pm EDT 

Commonwealth Bank of Australia : Moodys outlook announcement . Says Commonwealth Bank's short-term ratings have not changed . Long-term senior unsecured rating has been affirmed at AA2 by Moody's, but moved from stable outlook to negative outlook .  Full Article

Fitch Rates CBA's GBP350m Covered Bonds 'AAA'; Outlook Stable

(The following statement was released by the rating agency) SYDNEY, January 18 (Fitch) Fitch Ratings has assigned Commonwealth Bank of Australia's (CBA, AA-/Stable/F1+) Series 61 GBP350m mortgage covered bonds ratings of 'AAA'. The Outlook is Stable. This brings the total outstanding issuance of covered bonds to AUD27.8bn. Series 61 is a fixed-rate bond due in December 2021 and benefits from a 12-month extendable maturity. KEY RATING DRIVERS The rating is based on CBA's Long-Term Issuer Def