CommBank Business and Institutional

CommBank is once again a proud Gold Sponsor of one of Australia’s premier business and climate events, the Carbon Market Institute (CMI), Australasian Emission Reduction Summit. In 2024 the event returned to Wurundjeri Country, Melbourne for its 11th anniversary with a focus on “Accelerating Policy and Investment”. On Day 1 of the conference, Nadine Mueller, CommBank’s Executive Director of Commodities, participated in the Corporate Net Zero Transition Workshop, focused on business preparation for mandatory climate-related financial disclosures in Australia as well as international best practice guidance on net zero transition plans. The workshop, moderated by Kurt Winter, Director, Corporate Transition, CMI, included diverse perspectives from other panellists Susanne Etti Global Environmental Impact Manager, Intrepid Travel, Estelle Parker, Co-CEO, Responsible Investment Association Australasia and Shana Gallagher Net Zero Engagement Manager, BSI British Standards Institution. Yasmina Elshafei, PhD, GAICD Alex Toone #AERSummit2024 #NetZero #ClimatePolicy #CorporateSustainability #GreenInvestment #CarbonMarkets #Decarbonisation #SustainableBusiness #ClimateFinance #EmissionsReduction #IndustrialDecarbonisation #NatureBasedSolutions #GreenCapital #CorporateResponsibility #Transparency #ClimateLeadership #CircularEconomy #FutureOfEnergy #CleanEnergy #CarbonPricing https://lnkd.in/gU9WHYFu

Another fantastic #Sibos conference in the books! Last week’s conference in Beijing brought together more than 10,000 attendees to discuss “Connecting the future of finance.” CBA’s booth was a hive of activity throughout the week as our teams met with clients, partners, and industry stakeholders to showcase our leadership in payments and innovation. A number of our team also featured on stage throughout the conference, providing insights into topics including real-time payments, scams and fraud prevention, and generative AI. Thanks to all who connected with us at the conference! Ethan T., Sophie Gilder, Susan Yang, Philippe Depasse, Celia Ardyasa, Mark Martin, Carli Renzi OLY, David Scorzelli, Steven Heywood, Adam de Bree, Christo Nicholas, David Scorzelli, Ankit Dohare, Sandy (Rui) Liu, Darryl Nairn, Josh Hamblyn, Cindy Ho, Elise Courtney, Natalie Hall, Rachel Dowel, Michael Hunt, Neil Aldrich #payments #innovation #sibos2024

As a frequent issuer in international capital markets, it’s vitally important that we have strong banking partnerships. Commonwealth Bank’s robust balance sheet and diversified funding allows us to support clients and their customers. Our General Manager, Funding and Liquidity, Chandu Bhindi explains more. To find out more about our corporate and institutional solutions, visit: https://lnkd.in/gTXR7m9S. #Treasury #Banking #Leadership

Western Australia has taken the top spot in CommSec’s State of the States report for the first time in 10 years, leading in retail spending, relative unemployment, and relative population growth. South Australia is now in second place, while Queensland has moved up the leader board to claim third spot. “WA is well positioned for sustained future performance; however, the competition remains intense, particularly among the top three states with Queensland moving quickly up the rankings,” said Chief CommSec Economist Ryan Felsman. To see how your state performed, read here: https://bit.ly/4hfGj3f

A conversation with our Chief Financial Officer Alan Docherty is bound to cover a lot of ground, and our fireside chat at CBA’s Global Markets Conference yesterday was no exception.   Alan shared his take on banking conditions, insights on consumer spending, his read on the economy and the important role our institutional bank is playing in accessing capital for major projects to support the energy transition and build Australia’s future economy. Also nice to hear a few words of praise about the work of our team!   The conversation helped set the scene for our clients as they continue to Melbourne for the remainder of the conference and site visits alongside our partners Treasury Corporation of Victoria.   CommBank Business and Institutional Andrew Hinchliff Mitchell Grosser Anthony Kritikides Desmond Fennell Hope Tsasi Adam Donaldson Penny Schubach   #GMC24 #HighGrade #Credit #USPP

CBA recently took part in the Australia India Business Council (AIBC) annual gala dinner and address in Sydney. “CBA is honoured to be a national sponsor as well as the National Banking and Financial Services partner for the AIBC, an organisation that has been instrumental in supporting the Australia India relationship for over 30 years,” said Arnab Pal, CBA’s General Manager of Commercial Banking NSW. We are proud to bank more than 1 in 4 Australian businesses, with a high proportion of these businesses being founded by migrants. The Indian business community in Australia is growing and will play an increasingly important role as it is projected to continue growing at an accelerated rate. CBA is well positioned to support this growth in opportunities between India and Australia with trade finance, foreign exchange and transaction banking. Our people in customer service roles and our business bankers have a deep understanding of their local community so we can continue to deliver on this priority. To find out more about how we can support business links between India and Australia, visit: https://lnkd.in/gMa_AnYj

Our anti-scam technology - NameCheck – has received industry recognition this week, winning the APAC Payments Excellence Awards for ‘Payment Fraud and Risk Excellence’.   Combatting scams and fraud requires a whole of ecosystem approach – that’s why we’re sharing NameCheck with other organisations both here in Australia and abroad. NameCheck has prevented more than $410 million in scams, fraud and mistaken payments, and more than $29 million for organisations that now use it.   Thanks to the Emerging Payments Association Asia for this acknowledgement and for a wonderful event held at the Art Gallery of New South Wales.   #apacpaymentsawards #innovation #CommBank #payments Ethan T., Alison Chang, James Roberts, Kim Hughes, Gulshan Singh, Sam Bowen, Carli Renzi OLY

Delivering exceptional client service for our corporate and institutional clients is at the core of what we do. That's why we're proud to share outstanding results from the 2024 Coalition Greenwich* Interest Rate Derivatives and Foreign Exchange (Corporates) Surveys. For the first time in ten years, CBA ranked No. 1 in the Relationship Strength Index (RSI) for most active** Interest Rate Derivatives. RSI provides a single measure that meaningfully differentiates the overall breadth and quality of service experienced. In the Corporate Foreign Exchange survey, CBA achieved its best ever RSI across the overall client set and took out the No. 1 ranking in the most active** Sales Strength Index (SSI). “We’re thrilled that our capabilities have been recognised by our clients in the latest Coalition Greenwich surveys, where we topped the rankings in several key categories. We thank our clients for their partnership. These results are reflective of the strength of our offering and commitment to delivering for our clients,” said Hope Tsasi, Managing Director Client Risk Solutions. Andrew Hinchliff Chris Mclachlan ______ * A division of Crisil, and formerly known as Peter Lee & Associates. ** Most active clients are those with annual interest rate derivative turnover of $500m+ or annual foreign exchange volumes of $1bn+. Most active clients account for 93% of interest rate derivative volume and 89% of foreign exchange volume.

Our Annual Global Markets Conference presents an incredible opportunity for our team to spend time with our clients, both investors and issuers, along with industry experts all in the one place – with record attendance this year! On Day 1 it was a privilege to host Reserve Bank of Australia Deputy Governor Andrew Hauser at the conference yesterday, where he was joined by CBA Head of Australian Economics Gareth Aird for a fireside chat diving into the current state of the Australian economy, the outlook and the implications for monetary policy.   The highlights from the day, include UniSuper @John Pearce and JBWere’s Sally Auld GAICD sharing the market themes in focus for long-term investors, and CBA commodities economist Vivek Dhar, HESTA’s Jeff Brunton and Daniel Smart from Export Finance Australia Finance discussing the challenges and opportunities of Australia’s critical minerals strategy.   Today we have another packed agenda across the Credit, Private Placement and High-Grade streams. This includes Karen Silk, RBNZ Assistant Governor joining a Q&A with CBA Director of Fixed Income and Rates Strategy, Sandeep Parekh, to take a deep dive into the central bank’s approach to addressing domestic financial market disruption. CommBank Business and Institutional Andrew Hinchliff Mitchell Grosser Anthony Kritikides Desmond Fennell Hope Tsasi Adam Donaldson

We’re committed to making cross-border payments faster, safer and more transparent. In support of these efforts, yesterday we entered into a renewed Memorandum of Understanding (MoU) with Bank of China Limited (BOC) to work together on enhancing cross-border payments. The MOU, signed at the #Sibos global financial conference in Beijing, reaffirms the commitment of both parties to: • Enhance the cooperation in supporting the continued growth of bilateral payments; • Strengthen the collaboration in sustainable finance and reaffirm the cooperation across debt capital market activities. EGM of Payments Ethan Teas said: “Demand for seamless and instantaneous cross-border payments continues to grow and we are excited to collaborate with BOC to harness the strength of Australia’s biggest bank to offer market-leading 24x7 processing availability. This MoU will aim to provide both bank’s customers with faster, safer and frictionless payment experiences.” Susan Yang Carli Renzi OLY