Commerzbank targets two million new customers while cutting staff

Commerzbank targets two million new customers while cutting staff
 

Commerzbank (CBKG.DE) on Friday said it aimed to add 2 million retail and small business customers over the next four years, as it pushes ahead with a revamp that will see it slash thousands of jobs.
Germany's second biggest lender said its new customer drive will be based on greater use of multi-channel banking and products such as a digital loan platform and robot-assisted asset management advice.
The lender also aims to boost its market share among small business to 8 percent from 5 percent currently, generating revenue growth of at least 1.1 billion euros (926.50 million pounds) by... read more

 
30 September 2016 in Business, Views: 35
Source: Reuters
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