Business expansion
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

700 jobs
Number of planned job creations
Job creation
Announcement Date
10 November 2006
Employment effect (start)
Foreseen end date
31 December 2009


On 10 November 2006, Commerzbank, a financial services provider, announced that it is planning to create 700 jobs. 500 of the jobs shall be created at the branches while the other 200 will be placed at its online-branch called Comdirect.

The job creation measures are part of its strategy to concentrate more strongly on the acquisition of new private costumers. The job creation scheme shall be completed by 2009. At the moment, Commerzbank employs 25,304 people in Germany.

On 30 May 2007, Commerzbank announced that in 2007 300 jobs will be created by introducing new opening hours at branches. By the end of the year 2007, 250 branches will open on Saturdays, the company says.


  • 1 June 2007: Financial Times Deutschland
  • 11 November 2006: Frankfurter Allgemeine Zeitung


Eurofound (2006), Commerzbank, Business expansion in Germany, factsheet number 64449, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64449.