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Май
2023

Commerzbank profits soar on higher interest rates

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Germany's second-biggest lender Commerzbank on Wednesday said net profit almost doubled in the first quarter, thanks to "a tailwind" from higher interest rates.The group said it made a bottom-line profit of €580 million, compared with €298 million over the same period a year earlier."We had a very good start to 2023," CEO Manfred Knof said...



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