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$100.27 0.20 (0.20%)

High

$100.30

Low

$99.56

Trades

12,734

Turnover

$260,023,462

Volume

2,603,014
30 June 2023 at 5:01pm
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[ARTICLE] CBA looks to secure more business lending with cash flows

A news article has been posted about Commonwealth Bank on the AFR. The article was published around , on 22 May 2022 at 3:07pm.

Lenders need to work harder to finance small businesses backed by their cashflows, rather than secured against property, says Commonwealth Bank head of business banking Mike Vacy-Lyle. He said CBA was increasing its use of technology through merchant terminals to extend credit based on small business owners’ working capital cycles,

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CBA was $104.60 at the close of trade on 20 May 2022

Find all articles about Commonwealth Bank, including others on the AFR, on the media page.

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