Home » Economy » Commerzbank AG: Exploring Germany’s Largest Banking Group – Products, Services, and Market Insights

Commerzbank AG: Exploring Germany’s Largest Banking Group – Products, Services, and Market Insights

by Alexandra Hartman Editor-in-Chief

2023-11-03 10:44:06

Commerzbank AG is one of the largest German banking groups. The Net Banking Product (NBI) by activity is broken down as follows: – retail banking and private banking (61%): sale of traditional and specialized banking products and services (consumer credit, leasing, etc.), private bank, etc. ; – market and investment banking (32.2%): financial engineering, advice on mergers and acquisitions, stock transactions, interventions on capital markets, etc. ; – other (6.8%): financing of public projects, specialized and structured financing, mortgage loans, etc. At the end of 2022, the group manages EUR390.4 billion in outstanding deposits and EUR296.2 billion in outstanding loans.

More information regarding the company

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#Commerzbank #nightly #news #November

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