Biggest Aussie bank commits to keeping the cash flowing
Key points
- Commonwealth Bank chief executive Matt Comyn has pledged a long-term commitment to delivering cash across the economy. He told shareholders at the bank's annual general meeting in Sydney that he cannot see a time when cash stops being distributed nationally.
- Chairman Paul O'Malley said the bank spends about $400 million a year on cash availability.
- Shareholders were also set to vote on a resolution about financing deforestation, which the board has recommended they reject.
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