September 20, 2019 / 11:06 AM / a month ago

Commerzbank mulls selling Polish unit M-bank - Handelsblatt

BERLIN, Sept 20 (Reuters) - Germany’s Commerzbank is considering selling its Polish subsidiary M-Bank as part of a new strategy plan, daily Handelsblatt reported on Friday.

The decision on the sale of M-Bank is expected to come after a strategy meeting next week, the report said, citing people close to the matter.

Commerzbank, which failed in its attempt to merge with Deutsche Bank, on Sept. 27 is due to announce details of its path forward.

Commerzbank was not immediately available for a comment. (Reporting by Riham Alkousaa and Tom Sims Editing by Tassilo Hummel)

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