FRANKFURT, March 23 Commerzbank
expects to post a flat net profit this year on stable costs and
decreasing operating income, Germany's second largest lender
said in its annual report published on Thursday.
The bank said the business environment would likely remain
"very challenging" this year, adding it expected no significant
relief from the challenging interest rate environment.
Last month, Commerzbank had disappointed investors by saying
profit would remain low this year, after reporting flat fourth
(Reporting by Arno Schuetze; Editing by Maria Sheahan)