Summary: Commerzbank AG - S&P Global Ratings’ Credit Research

Summary: Commerzbank AG

Summary: Commerzbank AG - S&P Global Ratings’ Credit Research
Summary: Commerzbank AG
Published Jul 25, 2014
1170 words — Published Jul 25, 2014
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Abstract:

Sound domestic corporate banking position supported by a robust German economy. Adequate capitalization due to government support and progress in derisking the bank's noncore activities. Adequate funding and liquidity. Credit and market risks from concentrated wholesale activities, which are vulnerable to economic stress. Low market share in the domestic retail/SME segment and a disproportionate share of activities that are not connected with a client franchise. Limited growth opportunities due to a lengthy restructuring process and moderate economic outlook for the eurozone. The negative outlook indicates that we may lower the ratings on Commerzbank by up to two notches by year-end 2015 if we consider that extraordinary government support is less predictable under the new bank resolution framework. The negative outlook

  
Brief Excerpt:

RESEARCH Summary: Commerzbank AG Publication date: 25-Jul-2014 Primary Credit Analyst: Harm Semder, Frankfurt (49) 69-33-999-158; harm.semder@standardandpoors.com Secondary Contact: Markus W Schmaus, Frankfurt (49) 69-33-999-155;...

  
Report Type:

Summary

Ticker
CBK@GR
Issuer
Commerzbank AG
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Germany
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Commerzbank AG" Jul 25, 2014. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Commerzbank-AG-1348868>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Commerzbank AG Jul 25, 2014. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Commerzbank-AG-1348868>
  
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