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CBA to focus on Healthcare

(28 April 2008 – Australia) CBA has announced its new specialist banking division, Healthcare Banking in a bid to provide specialists services to the industry.The announcement follows similar the similar set up in Franchising and Financial Planning Banking.

CBA said the aim of the specialist units is to provide enhanced customer service and tailored financial solutions to specific sectors across the country.

Healthcare Banking will provide services to a broad range of sectors including General Practitioners, Pharmacists, Specialists, Optometrists, Vets and Dentists.

Robert De Luca, executive general manager, Corporate Financial Services for CBA said that the formalised accreditation process that teams will undertake will ensure a strong understanding of the key healthcare industries.

The range of services to be provided through Healthcare Banking include commercial financing for mergers, acquisitions, succession planning and purchasing business premises to asset finance options, transactional banking services, superannuation solutions and business insurance.

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