Investor Presentaiton
Investor Presentation - First quarter 2023
Danske Bank
Danske Bank's fortress balance sheet underpins our resilient business model which
includes a well-balanced ALM strategy and a very strong liquidity position
Danske Bank has a sound funding structure and remains very well capitalised with a CET1 capital buffer of DKK +35bn to the current regulatory requirements.
Further, our liquidity is underpinned by more than DKK 250bn in cash and a liquidity coverage ratio (LCR) of 169%, well above the minimum requirements
Diversified and solid deposit mix that includes a retail base where the majority is covered by the Nordic guarantee schemes. Further, the fully-funded
pass-through mortgage structure in Denmark provides a structural deposit surplus
We have executed around DKK 40bn of our total wholesale funding plan of DKK 80 - 100bn for 2023. Thus, we have flexibility for the remainder of the year
Sound funding structure [DKK bn]
Diversified and stable deposit base
Strong liquidity position
2,311
170
Senior &
NPS bonds
Northern Ireland
Retail DK
8%
19%
1,770
LC&I 33%
1,156 Deposits
Bank loans
625
10%
Retail Nordic
%
175
LCR
150
7%
Global Private Banking
125
24%
Business customer
169%
Bank mortgages
412
252
Covered bonds
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Total bank deposits [DKK bn]
1,168 1,170 1,156
100
of which Stable deposits*
376
388
387
RD mortgages
733
733
Issued RD bonds
of which Operational deposits*
297
319
320
Stable & Operational share of bank deposits
58%
60%
61%
75
Loans
Funding
* Based on regulatory definition. E.g., Stable deposits include fully insured retail deposits to customers with full
relationship at Danske Bank. Operational deposits is from Corporate depositors maintained to obtain clearing,
custody and cash management
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