CBA commonwealth bank of australia.

News: CBA CBA sets aside further charges of $216 mln to remediate customers

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    July 30 (Reuters) - Commonwealth Bank of Australia (CBA) on Thursday said it has made additional provisions of A$300 million ($215.67 million) to remediate customers across its aligned advice businesses in its annual results.

    The country's largest lender said in a statement total remediation provisions recognized to date now stands at A$834 million, which largely consists of customer refunds.

    CBA is set to report its full year results on Aug. 12.

    ($1 = 1.3910 Australian dollars)

 
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