Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 375

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 375
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499 |     |    -641 |     |    -136 |     |          -18 |     |  -7,295 |
| Balance, end of reporting period                                           |     |               692,091 |     |  55,704 |     |  12,799 |     |          806 |     | 761,400 |

Financial assets at amortized cost subject to impairment decreased by € 25 billion or 3 % in 2023, largely driven by Stage 1:

– Stage 1 exposures declined by € 37billion or 5% , primarily due to a reduction in cash and central bank balances and loans at amortized cost.

– Stage 2 exposures increased by € 10billion or 23% largely driven by loans at amortized cost.

– Stage 3 exposures went up by € 1billion or 10% in 2023, mainly driven by new defaults of single large clients in Private Bank as well as within the CRE portfolio in Investment Bank.

Development of allowance for credit losses in the current reporting period

|                                                                            |     |                 Dec 31, 2024 |     |         |     |         |     |               |     |        |
|:---------------------------------------------------------------------------|:----|-----------------------------:|:----|--------:|:----|--------:|:----|--------------:|:----|-------:|
|                                                                            |     | Allowance for Credit Losses² |     |         |     |         |     |               |     |        |
| in € m.                                                                    |     |                      Stage 1 |     | Stage 2 |     | Stage 3 |     | Stage 3 POCI⁴ |     |  Total |
| Balance, beginning of year                                                 |     |                          447 |     |     680 |     |   3,960 |     |           198 |     |  5,285 |
| Movements in financial assets including new business and credit extensions |     |                         -150 |     |     194 |     |   1,814 |     |             3 |     |  1,861 |
| Transfers due to changes in creditworthiness                               |     |                          128 |     |    -128 |     |       0 |     |           N/M |     |      0 |
| Changes due to modifications that did not result inderecognition           |     |                          N/M |     |