Bloomberg reported Commerzbank AG, Germany’s second-largest lender, is targeting a higher capital ratio after reaching its previous objective by selling shares last week.

Bloomberg reported Commerzbank said the bank now plans to achieve a common equity Tier 1 ratio of “significantly more” than 10% by the end of 2015, by generating capital through profit; the bank’s previous target was for more than 10% by 2016.

To read the entire Bloomberg article,