Supporting Germany's Mittelstand Supporting Germany's Mittelstand


Commerzbank is a strong partner of Germany's SMEs. Together with the state-run KfW development bank, we have established the AF Eigenkapitalfonds für den deutschen Mittelstand investment company to bolster capital adequacy in the Mittelstand. The fund has a cross-sector investment policy and is targeted at unlisted SMEs in Germany with annual sales below €500 million. The SMEs can call down equity investments of between €10 million and €30 million for a minority stake in their firm.

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