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Home > Economy and Business > Banks > Commerzbank

Commerzbank



Commerzbank is one of the primary banks of Germany and provides a host of essential services. The origin of the bank dates back to1870, when some merchants, private bankers and merchant bankers established the Commerz- und Disconto-Bank in Hamburg. Some time in 1900, Commerzbank laid more focus on Berlin in a great way and moved on to become one of Germany's greatest big banks having a wide branch network. The success of Commerzbank is measured primarily through the way it fulfills all its major functions and given a good boost to German economy and business. Another important concern of the bank is customer satisfaction, a concept to which the company is completely committed. The status of Commerzbank is recognized throughout Germany, as an effective provider of all sorts of financial services to a variety of customers in the nation. Commerzbank also shares good relationships with other financial institutions and an excellent rapport with the important multinationals in all parts of the globe.

Commerzbank Facts

The consolidated balance-sheet total of Commerzbank states 608bn Euros, an overwhelming sum. There are about some 36,000 employees, who are part of the giant Commerzbank team and out of them around 8,725 are located outside Germany to cater to the needs of over 8 million international customers. Among the financial services of Commerzbank there are numerous and excellent services for both private as well as business clients. They also provide equally good services for small to average-sized companies, besides serving various important multinationals and corporates.

Commerzbank has been able to assume the rank of the second-largest German bank and indeed one of Europe's successful banks.