Germany's second largest private bank COMMERZBANK is about to acquire15.3% of the Russian commercial bank PROMSVYAZBANK (assets of 110.9 billion roubles and 120 offices and branches) prior to acquiring a majority shareholding at a later date. The transaction will take the form of a capital increase, which will take place in the autumn. According to analysts, the cost of the transaction will be between 140 and 210 million dollars.