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Commerzbank important for financing companies, Berlin says ahead of UniCredit talks

Commerzbank important for financing companies, Berlin says ahead of UniCredit talks

- Commerzbank CBKG.DE, the German lender that is facing a takeover approach by Italy's UniCredit CRDI.MI, is important for financing the German economy and small and medium-sized companies as well as for Frankfurt as a financial centre, a finance ministry spokesperson said on Friday.

"This must also be ensured in the future," the spokesperson said at a regular government press conference.

German Finance Minister Lars Klingbeil will meet with UniCredit CEO Andrea Orcel in Berlin on Monday, after a failed attempt to stymie a drawn-out takeover of Germany's second-biggest bank.


(Reporting by Thomas Seythal
Editing by Ludwig Burger)

((thomas.seythal@thomsonreuters.com))

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