Commerzbank Plans to Open Ivory Coast Office to Tap High Growth

Commerzbank headquarters in Frankfurt, Germany

Commerzbank AG, Germany’s second-biggest bank, plans to open an office in Ivory Coast as economic growth in the West African country rebounds.

The representative office in Abidjan will be headed by Konrad Engber, Commerzbank said in an e-mailed statement Tuesday.

Ivory Coast is recovering after a decade of violence that curtailed economic growth in the world’s largest cocoa producer. The government expects growth of 10 percent as it invests in infrastructure including highways and bridges and expands its ports.

Read more: Commerzbank Plans to Open Ivory Coast Office to Tap High Growth – Bloomberg Business.

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