Commerzbank to be less affected from Basel IV than peers

August 3, 2015 8:22 AM

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FRANKFURT Aug 3 Germany's second-biggest lender Commerzbank does not expect to be as severely affected as some of its peers by new bank rules known as Basel IV currently being drafted by European regulators.

"In relative terms if we are talking about Basel IV, I think that we will be rather better off than the rest of the market," Chief Financial Officer Stephan Engels said on an analyst call on Monday, discussing second-quarter results.

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