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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.
Biggest Aussie bank commits to keeping the cash flowing
Photo: PerthNow Local

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Continue reading · PerthNow Local
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This is an AI-generated summary based on reporting by PerthNow Local. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.

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