Commerzbank AG, one of Germany’s oldest financial institutions, has announced plans to open a representative office in Vilnius. The initiative will serve as the hub for the three Baltic States Estonia, Latvia, and Lithuania. Specifically, Commerzbank will focus on trade and project finance in the region. Additionally, the deepening of cooperation with the public sector and local financial services industry is a key priority.

Established in Hamburg in 1870 and now headquartered in Frankfurt am Main, Commerzbank AG has grown to become a leading German financial institution and is now one of the largest financiers of German foreign trade. its global network stretches to around 40 countries.

Lithuania is already home to established German names such as Continental, HELLA, and Schmitz Cargobull, and German firms are the largest foreign investors in the local manufacturing sector.

Commerzbank’s clients are thought to benefit from the bank’s local expertise and its strong network on the ground in Lithuania and the rest of the Baltic states.