"Pro-active risk management and increasing diversification will contribute to earnings stability, providing resilience in a challenging environment.”
Ulrik Lackschewitz, CEO | CRO
Credit Risk
Rating distribution total bank1
distribution in % (excl. Non-rated exposures)
H1 2024
YE 2023
1 (AAAA) – 1 (AA+)
0.9
0.2
1 (AA) – 1 (A-)
0.0
0.2
2-5
0.6
0.3
6-9
0.0
0.5
10-12
0.6
0.3
13-15
0.1
0.9
Default
0.3
0.3
1) Total EAD of 35.4bn € (YE 2023: 33.2bn €) also includes „Other exposures“ not shown here of 149mn € (YE 2023: 115mn €) for which there is no external rating available, such as receivables from third parties of the Bank‘s consolidated equity holdings and G/L accounts