Bank Commonwealth Opens 19th Branch in Kelapa Gading Bisnis Indonesia, page T3, 2006-06-27
The director of Bank Commonwealth, Predhita Dewi, officially opened the bank’s 19th branch in Kelapa Gading on 26 June 2006. So far, Bank Commonwealth has opened 4 new branches this year. Bank Commonwealth is a subsidiary of Commonwealth Bank of Australia (CBA).
Commonwealth Opens Sharia Business Bisnis Indonesia, page B3, 2006-04-25
Bank Commonwealth, a foreign bank based in Australia, plans to open a sharia business unit by 2007 as consumers’ interest for such banks has risen. Currently, Commonwealth already has sharia investment products such as mutual funds. It the plan is carried through, Bank Commonwealth will be the second foreign bank, after HSBC, to open a sharia branch.
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