Major German bank Commerzbank reports a smaller profit, with an operating result of 547 million euros in the first six months of the year. In comparison, the bank operating profit in the same period 2012 was 1 billion euros. The second quarter of 2013 resulted in 78 million euros, and the large decline is attributed to lower interest rates and large provisions from non-core assets, including shipping, according to the bank's financial report for the first half of the year, published today.