November 28, 2020

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Commerzbank profit slumps 21% as loan loss provisions spike, but beats expectations

Commerzbank on Wednesday reported a 21% fall in second-quarter net profit to 220 million euros...

Commerzbank on Wednesday reported a 21% fall in second-quarter net profit to 220 million euros ($259.7 million) on the back of a sharp increase in loan loss provisions.

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