Comdirect CEO says expects to reach 2012 FY profit target -paper

FRANKFURT Sat Jan 5, 2013 7:07am EST

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FRANKFURT Jan 5 (Reuters) - Commerzbank's online brokerage unit Comdirect expects to reach its pre-tax profit target of 85 million-90 million euros ($111 million-$117 million) in 2012, Chief Executive Thorsten Rietmeyer told German weekly Frankfurter Allgemeine Sonntagszeitung.

"It's been a good year," Rietmeyer said, adding that more than 120,000 new savings accounts had been opened in 2012. ($1 = 0.7666 euros) (Reporting by Edward Taylor; Editing by Ruth Pitchford)