The largest commercial bank in Australia has posted a solid half-year financial result as interest rate hikes, and business lending growth lifted its profit after tax significantly. On Feb. 15, the Commonwealth Bank of Australia (CBA) announced that it made a cash profit of $5.15 billion (US$3.6 billion) in the first half of the 2022-2023…
Australia’s Largest Bank Posts $5.15 Billion Half-Year Profit Amid Interest Rate Hikes
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