Following the media reports over the weekend, we would like to clarify the following aspects regarding our Russian business operations.
Today, the situation is as follows:
Commerzbank’s subsidiary in Russia “COMMERZBANK (EURASIJA)” AO is continuing to operate. We have stopped new business, but we further accompany our international clients in Russia.
Commerzbank is closely monitoring the developments in Russia and Ukraine. We will continuously adapt our business strategy and risk assessment to the current situation. We stand firmly by our clients and offer them comprehensive advice, especially in this exceptional situation. Please contact your Relationship Manager if you have any questions.