Pause operations: company temporarily curtailing operations while keeping return options open

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Commerzbank is a German banking group. In terms of assets, the bank ranks third in Germany and twenty-third in Europe.

 
 

Pause operations: company temporarily curtailing operations while keeping return options open

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Glob.Revenue, mln.USD
8341
The Company Statement
March 09, 2023

Winding down operations in Russia. Stopped new transactions in Russia. The German Commerzbank, which is the second largest in Germany, stopped making payments to Russia. The only exception made is for its "daughter" — the credit organization "Kommertsbank (Eurasia)".

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Statements Archive
March 09, 2023The second largest bank in Germany stopped making payments in the Russian Federation
March 12, 2022Commerzbank Stops New Russia Business, Winds Down Transactions
March 12, 2022Commerzbank Stops New Russia Business, Winds Down Transactions
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