The Commonwealth Bank of Australia Ltd. (abbreviated CBA or CommBank) is an Australian financial services company based in Sydney. It is the largest bank in Australia and the 45th largest bank in the world in terms of assets under management.
According to Commonwealth Bank's latest financial reports the company has C$118.94 Billion in cash and cash equivalents. A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.