February 12, 2016 / 11:43 AM / 2 years ago

German Fin Min declines to comment on Commerzbank results

BERLIN, Feb 12 (Reuters) - The German government, the biggest shareholder in Commerzbank, will not comment on developments at the lender, a finance ministry spokeswoman said on Friday.

“It’s our practice that we don’t comment on developments at individual banks,” the spokeswoman told a regular government news conference.

Commerzbank returned to profit in the fourth quarter as bad loan provisions fell and it drew a line under a six-year restructuring by announcing it would close its “bad bank” of troubled loans, sending its shares sharply higher. (Reporting by Markus Wacket; Writing by Caroline Copley)

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