Western Sydney’s newest stadium has a new name, with CBA announcing a new deal with Venues NSW.
Bankwest Stadium – which only opened in 2019 – will be renamed CommBank Stadium from October 1, as the big four bank looks to boost its presence in Western Sydney.
The naming rights agreement will also come with a new $120,000 investment from CommBank to help small businesses in the 12 Western Sydney Local Government Areas (LGA) that have been subject to the harder lockdown restrictions.
CommBank will be working with Chamber Alliance of Western Sydney to help small business from Western Sydney emerge from lockdown.
“Western Sydney is one of fastest-growing regions in the country, and a key engine room for the national economy. We know the area has been hit hard by the recent COVID-19 restrictions and we’re committed to investing in Western Sydney to help businesses get back on their feet and re-build after an incredibly challenging 2021,” said Commonwealth Bank CEO Matt Comyn.
“We are committed to their long-term success and we want to re-connect small businesses with their communities, because these businesses are the lifeline of our economy.
“We’re also excited to continue backing the stadium within the CBA Group – it has been a valuable facility in providing economic opportunities to the area and will continue to be an important part of the community, particularly through recovery as the local areas and New South Wales starts to reopen.”
Minister for Sport, Natalie Ward, said: “The stadium offers a world-class experience and has fast become a fan favourite. It will be fantastic to see supporters back at the newly-named CommBank Stadium, once the health advice says it’s safe to do so.”
Bankwest is operated as a division of CBA.
