Commerzbank AG was granted capital measures totalling € 18.2 bn by the FMS in 2008 and 2009, of which € 16.4 bn was in the form of a silent participation and € 1.8 bn in the form of a shareholding of 25% plus one share.
A total of € 13.1 bn of the silent participation was repaid in the course of capital measures in 2011 and 2013. The remaining € 3.3 bn were converted into shares. The silent participation was thus repaid much earlier than expected.
Commerzbank AG was provided with a guarantee facility of € 15.0 bn by the FMS on 30 December 2008. Under the guarantee framework, guarantees were granted for liabilities of Commerzbank AG in a maximum total amount of € 5.0 bn. The guarantee facility and the guarantees granted were remunerated by the Bank in accordance with the contract and expired again by 31 December 2012 without any defaults or drawdowns.
Currently, the outstanding capital measure of Commerzbank AG amounts to € 5.1 bn. FMS still holds 15.6% of the shares.