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Global Finance named The Commonwealth Bank of Australia
as the “Best Bank in Australia” for our commendable “operations
that set the standard for our competitors and the ways
we attend to our customer’s needs in difficult markets”.
We were named the 12th safest bank in Global Finance
magazine’s “World’s 50 Safest Banks 2009”.
Global Finance selects the world’s safest banks, the
50 institutions with the highest ratings from the leading
credit agencies and the total asset size.
The most recent available rating from Fitch Ratings,
Moody’s investors Service and Standard & Poor’s
(highlighted below) show the Commonwealth Bank of Australia
is either equal to or superior than all other Australian
banks in terms of soundness.
Credit rating of the Commonwealth Bank of Australia
is as below.
| Standard & Poor’s |
AA |
| Moody’s |
Aa1 |
| Fitch |
AA |
Source: Global Finance magazine 2009 April Edition
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