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February 02, 2010

Commerzbank closes sale of Privatinvest Bank

Commerzbank has completed the sale of its 74% shareholding in Austrian Privatinvest Bank to Zürcher Kantonalbank, as announced. The regulatory authorities have approved the transaction. At the end of June 2009, Privatinvest Bank had assets under management totalling approximately EUR 600 million and employed about 50 staff.
Press contact:
Simone Fuchs: +49 69 136 44910

Contact

kontakt

pressestelle@ commerzbank.com

Phone:
+49(0)69-136-22830

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