Deutsche Bank and Commerzbank, the German bank, announced on Sunday the start of talks on a possible merger between the two largest commercial banks in Germany.

Deutsche Bank stated that its board of directors has decided to study strategic options, noting that the board will evaluate later the extent to which these options can enhance the bank’s growth and profitability.

Deutsche Bank continued that there was no guarantee that a deal would happen.

For his part, Commerzbank said it was open-ended talks about a possible merger.

German Finance Minister Olaf Schultz and his undersecretary, Jürg Kokis, have repeatedly stressed Germany's need for strong banks, and have said that the German government takes an open attitude toward reasonable options. Economically.

The federal government is the largest single shareholder in Commerzbank with a stake in excess of 15% owned by him since the financial crisis, which made the government the right to participate in decision-making.

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