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Photo: A3471 Boris Roessler/ dpa
Federal Finance Minister Christian Lindner is not aiming for a quick sale of the state's stake in Commerzbank.
"The federal government is very satisfied with the development of Commerzbank," said the FDP politician on Thursday at the "Handelsblatt" bank conference in Frankfurt am Main.
"We have no legal or other obligation to make quick decisions about Commerzbank, but we want this bank to develop well in the German financial center because we know its important role," said Lindner.
"In this respect, today is no reason for any speculation."
In 2008/2009, the state had saved the major Frankfurt bank, which had swallowed up the troubled Dresdner Bank in the middle of the financial crisis, from collapsing with more than 18 billion euros in tax money.
Commerzbank repaid the state aid years ago, but the federal government is still the largest single shareholder in the institute with a stake of 15.6 percent.
According to the previous federal government, the federal government would have to achieve around 26 euros per share in order to end the Commerzbank commitment without a loss.
The share price is currently around 7 euros.
mik/dpa-AFX
