Finance
Commerzbank to Open Lithuania Office in Baltics Growth Push
- Move is part of strategy to expand business with exporters
- Baltic countries are courting global lenders to diversify
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Commerzbank AG will open an office in Lithuania to help the German lender expand in the Baltic region, in the first success in luring new lenders to enter the Baltic market.
The German bank plans to open the office in December in the country’s capital Vilnius, from where Commerzbank also plans to support clients doing business in Latvia and Estonia, a spokesman said in a statement to Bloomberg.