The Commerzbank opened 200 branches, you want to close the end of the year 2022 already has and which are currently closed due to the Corona pandemic, temporarily, once again.

Hanno Mußler

editor in the economy.

F. A. Z.

For a further 200 stores that are currently closed, also, is not yet made a decision. She is probably Essentially the or of the new Chairman of the Board, or ten days ago, ordered new Chairman of the Supervisory Board Hans-Jörg Vetter are looking for.

Because of the Corona pandemic are currently only 460 of 1000 Commerzbank branches opened in the usual way. On Friday, it was presented to the employees of the Plan, that is until mid-September, in several steps, 150 stores to open, but also in 200 stores permanently closed.

a Drastic reduction

the Commerzbank accelerates in September 2019 decision until the end of 2022 the number of branches from 1000 to 800 bases to thin. This step was perceived by investors as too half-hearted. The last course of speculation that Commerzbank could shrink their branch network by half.

Recently, she won only 25 percent of their new customers within the group, 75 percent were over the subsidiary, Comdirect in the Commerzbank group. Comdirect has no branches, but is only via telephone and Internet.