HomeBankingCBA: Records surge in millennials opening business accounts

CBA: Records surge in millennials opening business accounts

Date:

Spendbase Launches Digital Banking Platform and Virtual Cards for Businesses

Spendbase expands its financial platform with new digital banking...

FIS and Visa Partner to Help Regional and Community Banks Offer Fintech Services

FIS collaborates with Visa to empower regional and community...

Kraken Granted Crypto Licence in Ireland to Boost European Operations

Leading crypto exchange Kraken secures virtual asset service provider...
  • Australia’s leading provider of financial services including retail, premium, business, and institutional banking, funds management
  • New research from CBA found the number of millennial small business owners on the rise, with many young Australians
  • The number of new CBA Business Transaction Accounts surged 36 per cent over the past six months
  • Millennials accounted for 57 per cent of all new business accounts in the last 6 months up from 43 per cent in 2015
  • The average age of those opening a CBA Business Transaction Account 38 years, in comparison with 44 years in 2015
  • CommBank Neo Business provides small business customers with up to $3,000 of credit, with no interest payments, no late payments
Exit mobile version