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Published 2 months ago

Commerzbank posts biggest net profit in 15 years

Summary by Ground News
Commerzbank posts biggest profit in 15 years in 2023, a 55% increase from the previous year. The lender said it was aiming for another profit rise in 2024. But the bank warned that the sluggish economy "will remain a challenge" For the fourth quarter, net profit fell 16% but it was better than analysts had expected.

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