Commonwealth Bank of Australia, which is the largest bank in Australia, will sell its life insurance unit to Hong Kong-based AIA Group for

2017

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	$5 billion
B	$4 billion
C	$3 billion
D	$2 billion

Explanation:

Detailed explanation-1: -The Bank Commonwealth of Australia (“CBA”) Group is the largest bank and best known financial services brand in Australia. CBA is one of the largest listed companies on the Australian Stock Exchange and is included in the Morgan Stanley Capital Global Index.

Detailed explanation-2: -The Commonwealth Bank of Australia, also named CommBank, is not only the most dominant bank in Australia, but also has a presence in New Zealand, Asia, the United States, and the United Kingdom.

Detailed explanation-3: -Commonwealth Bank of Australia (CBA) It is the largest of the banks in Australia and offers a diversified range of financial products and services. It currently provides retail, business, institutional banking, and wealth management products and services to its 16.6 million customers.

There is 1 question to complete.