Commonwealth Bank beats expectations with $5.1b profit and dividend rise

Australia’s biggest bank has increased its profit and raised its dividend despite a “challenging period” for many customers. It has revealed 65,000 “tailored payment arrangements” are in place to help borrowers manage loan repayments. Australia’s biggest bank has increased its profit and raised its dividend despite a “challenging period” for many customers. It has revealed 65,000 “tailored payment arrangements” are in place to help borrowers manage loan repayments. Banking, Company News, Mortgages, Interest Rates Latest business news