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Tuesday, 07 September 2010

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Sold one of it affiliate firms - the Commerzbank (Photo: Wikimedia Commons)

 

 

Commerzbank sells company.

The German Commerzbank has sold the Montrada GmbH, a specialist  firm for the handling of payments via credit cards. From now on, the Bad Vilbel-based company will be part of the Dutch enterprise Equens SE. The companies         have already agreed on the deal; the relevant regulators, however, still need to give the green light. The Montrada GmbH employs 60 people and handles up to 3.7 billion payment transactions per year. The Dutch Equens SE manages up to 9 billion transactions per year.

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