Awards for Excellence 2017
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With all the factors that can affect the success and failure of an enterprise, financing SME clients can be a risky business – and one that many banks do not feel is worth the effort for the relatively small volumes of financing activity involved.
But a new strategy announced by Commerzbank late last year focuses the bank even further on serving mainstream German corporate clients, as well as developing the smaller end of the commercial sector – firms which fit into the EU’s definition of an SME (annual turnover under €50 million).
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