Comdirect CEO says expects to reach 2012 FY profit target - paper

FRANKFURT Sat Jan 5, 2013 12:14pm GMT

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FRANKFURT (Reuters) - Commerzbank's (CBKG.DE) online brokerage unit Comdirect expects to reach its pre-tax profit target of 85 million-90 million euros (69 million pounds-73 million pounds) in 2012, Chief Executive Thorsten Rietmeyer told German weekly Frankfurter Allgemeine Sonntagszeitung.

"It's been a good year," Rietmeyer said, adding that more than 120,000 new savings accounts had been opened in 2012.

(Reporting by Edward Taylor; Editing by Ruth Pitchford)

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