Bank to pay back government funding
Commerzbank AG says it will pay back much of the government aid it received at the height of the financial crisis.
Germany's second-biggest bank said it plans to reduce the current £14.1 billion "silent participation" of the government's financial-sector rescue fund by £12.5 billion by June.
It said £9.6 billion of the money will be raised from markets and through other financial operations, while £2.85 billion will be paid back from excess regulatory capital.
Commerzbank says, however, that the government bank rescue fund is maintaining its 25% holding.