COP27 is over. In an interview, Commerzbank CEO, Manfred Knof, and Head of Sustainability, Bettina Storck, talk about the results.
News
Commerzbank announces negotiations for in-house collective bargaining agreement for ComTS companies (1.12.2022)
Negotiations to start in February 2023
Verdi refrains from further strike activities before the start of negotiations
Change in the supervisory board chair of Commerzbank initiated (19.11.2022)
Helmut Gottschalk has decided, that after the next Annual General Meeting, due to his age, he will no longer be available for a new term of office as a member of the Supervisory Board and Chairman of the Supervisory Board. For this reason, he initiated an orderly succession process at an early stage.
Commerzbank continues strong business performance – key targets confirmed (9.11.2022)
Revenues up by 12% to €7.1 billion as of the end of September thanks to strong customer business and rising rates – one-off burdens in Poland compensated
Costs on track despite rising inflationary pressures, cost-income ratio improved to 69%
Quality of the loan book remains high – Risk result in Q3 at minus €84 million – €500 million TLA available for future challenges
