ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CRZBY Commerzbank Ag (PK)

19.525
0.084 (0.43%)
Last Updated: 15:58:14
Delayed by 15 minutes
Name Symbol Market Type
Commerzbank Ag (PK) USOTC:CRZBY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.084 0.43% 19.525 19.53 19.58 19.525 19.51 19.52 845 15:58:14

Erste Bank to Buy Commerzbank's Hungarian Corporate Bank

17/12/2021 10:20am

Dow Jones News


Commerzbank (PK) (USOTC:CRZBY)
Historical Stock Chart


From Feb 2020 to Feb 2025

Click Here for more Commerzbank (PK) Charts.

By Cristina Roca

 

Erste Group Bank AG has agreed to buy Commerzbank AG's Hungarian corporate banking subsidiary for an undisclosed amount.

The Austrian bank will take over 100% of Commerzbank Zrt., including its customer portfolio and head office building in Budapest, it said Friday.

The sale is expected to close in the second half of 2022.

"Coming on the back of our purchase of the Hungarian online broker Random Capital earlier this year, this newest acquisition marks a further step in our pursuit of a targeted growth strategy in Central and Eastern Europe," Erste Group Chief Executive Bernd Spalt said.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

December 17, 2021 05:05 ET (10:05 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Commerzbank (PK) Chart

1 Year Commerzbank (PK) Chart

1 Month Commerzbank (PK) Chart

1 Month Commerzbank (PK) Chart

Your Recent History

Delayed Upgrade Clock