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What is the history of Commonwealth Bank and when was it floated on the Australian Securities Exchange?

April 26, 2017Australian commonwealth bank exchange floated History securities

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What is the history of Commonwealth Bank and when was it floated on the Australian Securities Exchange?

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On 1 January 1991 the State Bank of Victoria (SBV) was merged with the Commonwealth Bank. The Group remained a Government owned enterprise until the conversion of the Bank into a public company with share capital on 17 April 1991.