In 2025, Commerzbank played a key role in sustaining and expanding international activity in the Schuldschein market, supporting non-German issuers with consistent volumes and a high degree of sector and geographic diversification. Against a backdrop of reduced overall market supply, the bank maintained its share by broadening the investor universe and executing well-received debut and repeat transactions across Europe. Its ability to originate demand beyond traditional domestic buyers, combined with disciplined execution and strong issuer engagement, underpins Commerzbank’s selection as the 2025 Best International Schuldschein Dealer. Full reasoning can be found in the official Award Statement.