February 12, 2016 / 9:08 AM / 2 years ago

BRIEF-Commerzbank to hike dividend payout ratio to 40 pct, but not for 2016 - CFO

Feb 12 (Reuters) - Commerzbank CFO says in analyst call

* Plans to increase dividend payout ratio to 40 pct in mid Term, mid-term is not yet 2016

* 2016 ROE target of 10 percent currently out of reach

* Are discussing negative deposits rates with mittelstand clients

* Expects tax rate of 20-25 pct in 2016Further company coverage:

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