Commerzbank Has Growth Plans in Austria

BusinessEconomy ♦ Published: May 11, 2012; 13:49 ♦ (Vindobona)

The German commercial bank wants to become number one in Austria. At the moment every second big company is a customer at Commerzbank.

Commerzbank Has Growth Plans in Austria / Picture: © Commerzbank

Since 1999, Commerzbank is present in Austria. Three years ago, the German commercial bank enlarged its subsidiary. About the half of the 100 biggest Austrian companies are already served at the Viennese subsidiary of Commerzbank. Moreover, 600 Austrian subsidiaries of German enterprises have a firm´s bank in Vienna.

According to the country manager Stefan Baum, Commerzbank…