Founded in 1870, Commerzbank is an international commercial bank with branches and offices in more than 50 countries. Commerzbank's core markets are Germany and Poland. Commerzbank offers its products and services to private and corporate clients, as well as institutional investors. Commerzbank Zrt was serving German companies that are active in Hungary and Hungarian companies that have connections to Germany since 1993. In December 2022, Commerzbank Zrt was sold to Erste Bank Hungary Zrt.
In 2021, Commerzbank Zrt achieved the position of 21st largest bank in Hungary with a market share of 0.59%; its total assets dropped by 15.75%.
Deposits up to 100,000 EUR are covered by Hungarian deposit guarantee scheme in Commerzbank Zrt.
Commerzbank Zrt was the 21st largest bank in Hungary in terms of total assets. In 2021 its total assets were 332,99 bln HUF, providing the bank with the market share of 0.59%. In 2021 the bank's net income was -1 437,55 mln HUF.
Commerzbank Zrt participates in the deposit guarantee scheme of Hungary which applies to current accounts, savings accounts, time deposit accounts made by natural persons (Hungarian and foreign), legal entities and covers up to up to 100,000 EUR per bank per depositor. Commerzbank Zrt is a member of National Deposit Insurance Fund (NDIF) and makes its contributions into it.
Commerzbank Zrt is a member of Commerzbank (Germany).
Commerzbank Zrt was headquartered in Budapest 05. Ker..
Commerzbank Zrt was authorized and supervised by the Magyar Nemzeti Bank.