State MP Presents Motion to Stop Relentless Banking Branch Closures theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
The Commonwealth Bank has posted a cash profit of $5 billion, which was short of market expectations and comes after the bank closed 354 branches and removed 2,297 ATMs in recent years.
The Commonwealth Bank has closed 354 branches during the past five years and has plans to close down more three branches next month in populated areas of three major cities.