Commerzbank
„‍ Dear Valued Client,
It’s that time of year again. Just like thousands of delegates from across the world, we are getting prepared to attend Sibos, the annual landmark conference for the financial services industry which this year takes place in Beijing for the first time.
 
With all eyes turned to East Asia, this edition of our IN.sights newsletter begins with a special roundtable of our experts discussing trends in China and South Korea, two of the region’s most dynamic markets.
 
The motto for this year’s conference is “Connecting the future of finance”, and this is a theme that our experts explore as they discuss the ways in which the financial industry continues to evolve. In this issue, they look to the future by analysing some of the most prominent trends across international trade, payments, regulation and innovation – and, despite a sometimes challenging macro environment, the overall picture is that the future of our industry is exciting.
 
Whether or not you’re travelling to Beijing, we hope you will take a moment to enjoy our latest edition of IN.sights. I look forward to seeing many of you at Sibos.‍


Trade and investment

A spotlight on East Asia: China and South Korea

 
East Asia is a vast region undergoing a transformation, with its varied and innovative economies making a significant mark on the global stage. In a roundtable discussion, our experts focus on two of the region’s economic powerhouses – examining key trends in sustainability, demographics and innovation.
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Learn more ➔‍


Payments

Easy, fast, secure – can instant payments solve the trilemma?

 
Ahead of participating in this year’s Sibos conference, our Global Head of Payment Platforms shares her outlook on instant cross-border payments, digital money and the role of artificial intelligence.
‍ 
Learn more


ISO 20022

Uniting for payments: towards ISO 20022 implementation success
 
With the ISO 20022 transition deadline edging ever closer for banks across the globe, a collective front is crucial to ensuring the industry’s implementation efforts are rewarded. Our experts examine the latest adoption trends and the innovation that the new payments standard is enabling.
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Learn more ➔ ‍




In Brief
Commerzbank opens new representative office in Lithuania

As part of its international growth strategy, Commerzbank is investing in its presence in the Baltic region with a new representative office in Vilnius.

This office, set to open in December, will serve as the Bank’s hub for Estonia, Latvia and Lithuania. The main focus in the region is trade and project finance, but the Bank will also be working to continue developing links with local public sector and financial services clients.

“Germany is one of the most significant trade partners for the Baltic countries. This step will strengthen Commerzbank’s presence in this fast-growing region of Europe,” commented Michael Kotzbauer, member of Commerzbank’s board responsible for Corporate Clients.



Commerzbank expands instant payment offering to Switzerland

Instant payments are coming to Switzerland. In September, Commerzbank announced it would be expanding its instant payment offering to corporate customers in Switzerland by the end of the year.

“We see Switzerland as one of our core markets,” commented Brigitte Réthier, Divisional Board Member for Institutional Clients & Transaction Banking Sales. “We are very pleased to be constantly expanding our product range for our Swiss clients. Instant payments are revolutionising traditional payment transactions.”



Europe’s largest B2B sustainable innovation event, the IMPACT FESTIVAL, is held for the fourth time

Organised by Commerzbank’s subsidiary Neosfer, the IMPACT FESTIVAL is Europe’s largest B2B conference dedicated to sustainable innovation. Held in Frankfurt since 2021, the IMPACT FESTIVAL aims to accelerate the green transformation by connecting innovators such as green start-ups with corporates looking to become more sustainable, and venture capital investors.

This year’s event will be held on October 30 and 31 at Forum, Messe Frankfurt. It will feature two dedicated areas, the Impact stage and the Transformation stage, with dynamic lectures from industry leaders, inspiring workshops and networking opportunities around every corner.

With the voucher code IFCOBAFK2024, Commerzbank clients receive free access.
Important: Please, enter the voucher code first and then select the ticket.
 


Commerzbank AG‍The bank at your side


‍Important information:
The opinions and estimates contained herein have been done with due care and diligence and are true and correct to the best of our knowledge at the given time, and are subject to change without notice. This newsletter is for information purposes only. Commerzbank AG Institutional Clients & Transaction Banking Sales accepts no responsibility or liability whatsoever for any expense, loss or damages arising out of or in any way connected with the use of all or any part of this newsletter.
 
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The services or information contained in this material are as of the date this material was prepared and are subject to change or be cancelled without notice. Always contact the sales representatives at Commerzbank AG Tokyo Branch for the latest information. Customers should use this information under their own judgment only after fully understanding details of the services and risks. Receiving the services in this material is not contingent upon receiving loans or purchasing other products/services from Commerzbank AG.
 
Singapore: This document is furnished in Singapore by Commerzbank AG, Singapore branch. It may only be received in Singapore by an institutional investor or an accredited investor as respectively defined in section 4A of the Securities and Futures Act, Chapter 289 of Singapore (“SFA”) pursuant to section 274 or section 275 (as applicable) of the SFA. Nothing in this document constitutes accounting, legal, regulatory, tax, financial or other advice and/or recommendations to the recipient of this communication. Further, the communication/information provided herein does not constitute a “financial advisory service” within the meaning of the Financial Advisers Act, Chapter 110 of Singapore (“FAA”) and therefore, the regulatory requirements and duties that may be owed to a client pursuant to or in connection with the FAA are not applicable to the recipient in connection with this communication. Recipients are advised to seek independent advice from their own professional advisers about the information contained discussed herein.
 
United Kingdom: Commerzbank AG London Branch is authorised and regulated by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and the European Central Bank. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.
 
US: To the extent this communication is distributed in the United States, it must solely be sent to “institutional investors” and “major U.S. institutional investors,” as defined in Rule 15a-6 under the Securities Exchange Act of 1934. Any securities transaction by U.S. persons must be effected with Commerz Markets LLC (“CMLLC”), a wholly owned subsidiary of Commerzbank AG and a US registered broker-dealer. CMLLC is a member of FINRA and SIPC. Under applicable US law, information regarding clients of CMLLC may be distributed to other companies within Commerzbank. Banking services in the U.S. will be provided by Commerzbank AG, New York Branch. Any derivatives transaction with U.S. persons must be effected with Commerzbank AG, in accordance with the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Commerzbank AG is not a member of SIPC and is a provisionally registered swap dealer with the CFTC. Some products or services may be unavailable in the United States.
 
IMPRINT
Commerzbank Aktiengesellschaft (public limited company)
Office premises: Kaise‍rplatz, 60‍311 Fran‍kfurt am M‍ain
Postal address: 6‍0261 F‍rankfurt am M‍ain
 
Your contact for questions to the company:
Telephone: +4‍9 (0)6‍9 1‍36-20
Email: info@commerzbank.com
Commerzbank website
 
Authorized representatives/board:
Bettina Orlopp (Chairwoman),
Michael Kotzbauer, Sabine Mlnarsky, Thomas Schaufler, Bernhard Spalt, Christiane Vorspel-Rüter
 
Registration court:
Local Court Frankfurt am Main
Commercial register number: H‍RB 3‍2000
 
VAT registration number:
DE–1‍14 10‍3 51‍4
 
Supervisory authority responsible:
European Central Bank, Sonneman‍nstraße 2‍0, 60‍314 Fra‍nkfurt/Main
Federal Financial Supervisory Authority, Graurheindorfer S‍traße 10‍8, 53‍117 Bo‍nn, Germany
and Marie-C‍urie-Str‍aße 24–28, 604‍39 Frankf‍urt/Main, Germany
Bafin website
BAK-Nr. 100005
 
European online dispute resolution platform:
The European Commission has set up a European Online Dispute Resolution Platform (OS platform). A consumer may use the platform for the out-of-court settlement of a dispute arising from online contracts with a company established in the EU.