Commerzbank AG Johannesburg: Purpose, Values, FAQ, Contact Details

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Commerzbank Aktiengesellschaft is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. In the 2019 financial year, the bank was the second largest in Germany by the total value of its balance sheet.

Purpose

The aim of “Commerzbank 5.0” is for us to become the leading bank in Germany for private, small-business, and corporate customers: digital, personal, and responsible, close to the customer, offering fast and efficient processing.

Values

At Commerzbank, we want to be seen as fair and knowledgeable, as a bank that aims to be a reliable, long-term partner to its clients, which is why we act in line with ethical values, such as integrity and respect. We are committed to complying with all applicable laws, policies and market standards.

FAQ

Who Owns Commerzbank Ag?

Our major shareholder Federal Republic of Germany holds above 15%, Cerberus and Capital hold above 5% each. BlackRock and Norges Bank hold above 3% each. In addition around a further 48% of shares are held by institutional investors.

Which Is the Oldest Bank in South Africa?

FNB is the oldest bank in South Africa, and can be traced back to the Eastern Province Bank formed in Grahamstown in 1838.

Is Commerzbank Safe?

While Commerzbank has maintained a safe level of deposits against its liabilities, it has taken on excess levels of bad debt and poorly provisioned for these bad debt payments. This could lead to lower profits than may have been expected by the company.

What Does Universal Bank Mean?

Universal banking is a system in which banks provide a wide variety of comprehensive financial services, including those tailored to retail, commercial, and investment services. Universal banking is common in some European countries, including Switzerland.

How Do I Deposit Money Into Commerzbank?

You insert your Giro card of the Codirect into the deposit machines of the Commerzbank, select “Geld einzahlen” (deposit money) and follow the instructions of the machine. Entering the PIN of your card is not required, as you can only deposit to your own account.

Contact Details

Service-Hotline

Tel: +49 69 136 80527
+1 800 584-2363

Service and Emergency Hotlines

Products and Services
Tel: +49 69 98 66 09 66 or

Online Banking
Tel: +49 69 98 66 00 33

Commerzbank Transaction Services U.S.A.

Tel: +1 212 266 7666
+1 888 590 6977

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