Commerzbank

German universal bank Commerzbank AG has its official headquarters in Frankfurt. The Hamburg-based financial organization has total assets of €534 billion as of the end of September 2022, placing it among Germany's top credit institutions. The German government is the bank's largest stakeholder, with a stake of approximately 15%.

As of the year 2018, Commerzbank had a global footprint of over 50 countries and was responsible for about a third of all trade financing in Germany. During that same year, it served 13 million customers in Germany and 5 million in CEE. The bank declared in 2021 that by 2024, it will cut 10,000 positions (almost a third of its German employees) and reduce the number of branches in Germany from 790 to 450.

Founded: 26 February 1870
Headquarters: Kaiserplatz, Frankfurt am Main, Germany
Website: https://www.commerzbank.com/