Commerzbank AG has issued another Green Bond. The Bank will use the proceeds to refinance renewable energy projects.
News
Commerzbank makes climate risks in its portfolio transparent and comparable (24.09.2020)
Commerzbank supports Task Force on Climate-related Financial Disclosures (TCFD) and joins Science Based Targets initiative (SBTi)
TCFD recommendations provide framework for future reporting by the Bank
Michael Mandel, Board Member for Private Clients, leaves Commerzbank (17.09.2020)
Michael Mandel, Executive Board Member for the Private and Small Business Customers (PSBC) segment, has offered a mutually agreed termination of his contract to the Supervisory Board
At its meeting today, the Supervisory Board of Commerzbank decided to accept his offer. Michael Mandel’s appointment to the Board of Managing Directors will end on 30 September 2020
Commerzbank successfully issues further additional tier 1 bond (08.09.2020)
Second issuance under ongoing programme
Bond volume of €500 million – coupon laid down at 6.5% per annum
Commerzbank once again awarded top position for equity research and sales in Germany (11.08.2020)
Institutional Investor (previously Extel) survey ranks Commerzbank first in ‘Overall Germany Research’
Commerzbank analysts take the two top positions for ‘Overall Germany Research’
Top 1 and 2 positions, respectively, in the European categories ‘Equity Technical Analysis & Charting’ and ‘Index Analysis’
Commerzbank generates profit for quarter in spite of corona – costs and capital on track (05.08.2020)
Underlying revenues in second quarter of 2020 increased to €2.3bn (Q2 2019: €2.1bn) – significant growth in net commission income
Ongoing low NPE ratio of 0.8% reflects good quality of loan book
Common Equity Tier 1 ratio increased to 13.4% without usage of regulatory transitional rules
