Germany's Commerzbank AG (CBK.XE) Wednesday reiterated t wouldn't announce any new redundancies related to its integration of Dresdner Bank before the end of 2011.

The bank said last year that a total of around 9,000 positions will be reduced through the merger.

More than 1,000 positions have already been eliminated, Commerzbank said Tuesday at a workers' council presentation for reporters in Frankfurt.

The official integration of Dresdner Bank, which Commerzbank acquired in January from Allianz SE (AZ) for EUR5.1 billion, will take place May 11. Further integration measures will follow, however, as Commerzbank merges more IT functions, eliminates risks from its investment banking operations and completes other integration measures.

In March, Commerzbank bookeda net loss of EUR6.57 billion for 2008 in restated figures that included Dresdner Bank's results.

Company Web site: http://www.commerzbank.de

-By William Launder; Dow Jones Newswires; +49 69 29 725 515; william.launder@dowjones.com