April 7 (Reuters) - Commonwealth Bank of Australia CBA.AX :
* ACKNOWLEDGES FEDERAL COURT ORDERED CO TO PAY CIVIL PENALTY OF $7 MILLION FOLLOWING ASIC PROCEEDINGS OF DEC 2020
* COMBINED TOTAL OF REFUNDS TO CUSTOMERS WAS $3.74 MILLION, AND REMEDIATION PROGRAM HAS NOW CONCLUDED
* "FAILURES OF THIS SORT ARE UNACCEPTABLE AND WE APOLOGISE TO THOSE CUSTOMERS WHO AT THE TIME WERE OVERCHARGED FEES" Further company coverage: CBA.AX