Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 381

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 381
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  12,799 |     |         797 |     |  22,395 |     |                          32 |     |     290 |     |   3,960 |     |         198 |     | 4,481 |
| Total          |     |               692,091 |     |  55,704 |     |  12,799 |     |         806 |     | 761,400 |     |                         447 |     |     680 |     |   3,960 |     |         198 |     | 5,285 |

The Group’s existing commitments to lend additional funds to debtors with Stage 3 financial assets at amortized cost amounted to € 710 million as of December 31, 2024, and € 816 million as of December 31, 2023.

Collateral held against financial assets at amortized cost in Stage 3

|                                               |     |         Dec 31, 2024 |     |            |     |            |     |         Dec 31, 2023 |     |            |     |            |
|:----------------------------------------------|:----|---------------------:|:----|-----------:|:----|-----------:|:----|---------------------:|:----|-----------:|:----|-----------:|
| in € m.                                       |     | Gross CarryingAmount |     | Collateral |     | Guarantees |     | Gross CarryingAmount |     | Collateral |     | Guarantees |
| Financial Assets at Amortized Cost (Stage 3)¹ |     |               15,214 |     |      6,242 |     |      1,368 |     |               12,799 |     |      4,451 |     |      1,435 |

1 Stage 3 excluding POCI assets

In 2024, collateral and guarantees held against financial assets at amortized cost in Stage 3 increased by € 1.7 billion, or 29 % mainly driven by Private Bank.

Due to full collateralization the Group did not recognize an allowance for credit losses against financial assets at amortized cost in Stage 3 for € 1.6 billion in 2024 and € 408 million in 2023.

| 146 |

| Deutsche Bank      |
| Annual Report 2024 |

Modified assets at amortized cost

A financial asset is considered modified when its contractual