Commerzbank set to double down on Mittelstand and existing clients

By Jasper Cox
14 Nov 2019

Commerzbank’s corporate clients division will focus on small and medium-sized enterprises (SMEs) and cross-selling over pure growth, as it continues with its latest strategic plan.

Commerzbank’s 5.0 plan, announced in September, involves pushing digitalisation and distribution, while reducing costs.

It will affect the corporate clients unit by focussing more on SMEs in Germany and elsewhere in the eurozone.

The plan comes as Michael Reuther, head of corporate clients, is leaving. ...

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