Commerzbank reported stable customer business and strong capital ratio in spite of COVID-19
The FINANCIAL — Commerzbank announced third quarter financial results: Underlying revenues in Q3 at €2.1bn (Q3 2019: €2.2bn) Operating expenses continued to fall to €1.52bn (Q3 2019: €1.56bn) despite IT investments Risk result at €-272m (Q3 2019: €-114m) includes impact of €181m from coronavirus effects – low NPE ratio of 0.9 % reflects ongoing good quality of loan book Operating profit at
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