Commerzbank is reportedly to begin expanding its lending operations across Europe, after having restricted itself to core operations in just Germany, Austria, and Switzerland since the financial crisis; this is according to the head of the bank's international corporate banking division, Bernd Laber, who has been quoted in German newspapers. The expansion will be carried out through a new subsidiary, which will have offices in Frankfurt, Munich, Vienna, Cologne, Hamburg, Düsseldorf, Stuttgart, and Munich.
Commerzbank is reportedly to begin expanding its lending operations across Europe, after having restricted itself to core operations in just Germany, Austria, and Switzerland since the financial crisis; this is according to the head of the bank's international corporate banking division, Bernd Laber, who has been quoted in German newspapers. Laber said specifically that the bank wants "to win companies with revenue of more then €250m as customers across the whole of Europe."