The recording of the speeches of the Chairman of the Board of Managing Directors and the Chairman of the Supervisory Board of Commerzbank (German language) is available here.
Commerzbank Annual General Meeting votes on the election of two new Supervisory Board members (30-4-2015)
At the ordinary Annual General Meeting the shareholders of Commerzbank are deciding amongst others on the proposal by the Board of Managing Directors and the Supervisory Board to allocate in full the profit on the balance sheet shown in the annual financial statements for the 2014 financial year to the profit reserves. Moreover, the election of two members to the Supervisory Board is scheduled.
Commerzbank AG placed 113.850.693 new shares with institutional investors. The placement price was fixed at 12.10 Euro per share. Now the Common Equity Tier 1 ratio with full application of Basel 3 is increasing to 10.2 per cent. Thus, the level for the Common Equity Tier 1 ratio demanded by the capital market is being attained more quickly than planned.