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Commerzbank recognised as Germany’s top commercial bank in International Banker magazine

commerzbank-logoSpecialist finance publication International Banker has acknowledged Commerzbank as 2016’s “Commercial Bank of the Year, Germany”.

The magazine notes that for the best part of a decade, banks in Western Europe have been facing challenges on several fronts: lending rates and earnings remain under pressure, nonperforming loans are mounting, and several countries continue to suffer slow economic growth. In its list of the leading financial institutions in the region, International Banker identifies Commerzbank’s “strong leadership, continued prudence and dedication to innovation” as key to weathering such an environment.

Coverage of this year’s awards can be found online here.

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