Commerzbank mulls selling Polish unit M-bank: Handelsblatt

Commerzbank mulls selling Polish unit M-bank: Handelsblatt
  • Clock-gray 16:30
  • calendar-gray 20 September 2019

Germany’s Commerzbank is considering selling its Polish subsidiary M-Bank as part of a new strategy plan, daily Handelsblatt reported on Friday, APA reports citing Reuters.

The decision on the sale of M-Bank is expected to come after a strategy meeting next week, the report said, citing people close to the matter.

Commerzbank, which failed in its attempt to merge with Deutsche Bank, on Sept. 27 is due to announce details of its path forward.

Commerzbank was not immediately available for a comment.

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