Commerzbank deploying rapid relief for corporates amid coronavirus crisis, says Boekhout

Roland Boekhout, Commerzbank’s Board Member responsible for Corporate Clients, recently spoke about how the bank is helping corporates deal with the unprecedented challenges brought by the coronavirus crisis.

“We have established a dedicated Commerzbank Mittelstand loan facility of €700 million to support corporates with corona-related financing demand,” said Boekhout. “Through previous spells of uncertainty, we have been the trusted partner at the side of our clients – wherever they need us. Things are no different today.”

Boekhout also commented on the rapid implementation and effectiveness of the German government’s financial relief packages, such as the KfW programme. See more in Commerzbank Insights.