Commonwealth Bank urged to repay fees of 2 million low-income customers after posting record profit
by Luca Ittimani from Environment | The Guardian on (#6Z9GF)
Australia's biggest bank delivers bumper payout to shareholders as CBA vows to end lending to coal companies with no net zero plans
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The Commonwealth bank has posted a record cash profit, sparking renewed calls for Australia's biggest bank to repay more than 2 million low-income customers $270m in fees - something it has refused to do.
CBA recorded $10.25bn in annual cash profits for the year to June - a 4% lift on the previous year - and gave a bumper $2.60 payout per share to shareholders.
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