CBA pushes for advice of small businesses
The Commonwealth Bank Group has launched a product aimed at snaring small to medium businesses seeking financial advice.
The finance package, Business Options, has been designed to assist businesses in adapting to the apparent slowdown of the economy.
The $200 million package will provide companies with advice on managed business loans, risk management, investment and Internet products.
A CBA spokesman says the group wants to take a leading role in business banking and investment among firms with turnovers of more than $5 million.
The CBA already has half a million business customers, most of which are small businesses.
AUTHOR
Lachlan Gilbert
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