# OFAC settlement: Commerzbank AG, New York Branch
> Settled **$176K** for sanctions violations · 2011-11-29 · FY2011
## Settlement
- **Party:** Commerzbank AG, New York Branch
- **Date:** 2011-11-29
- **Aggregate penalty:** $176K
- **Number of penalties:** 1
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*Source: [OFAC 2011 Enforcement Information](https://ofac.treasury.gov/civil-penalties-and-enforcement-information/2011-enforcement-information) · MORVS · CC0 1.0*