Q2 2018 Fixed Income Investor Conference Call
External funding profile
€ bn, as of 30 June 2018
Secured funding and
shorts(4),
15%, € 139bn
Unsecured
wholesale,.
3%, € 33bn
Other
Customers (3),
5%, € 50bn
Equity (1),
7%, € 64bn
Capital
Markets (1),(2),
14%, € 135bn
Transaction
Banking,
21%, € 204bn
Retail,
34%,
€ 323bn
Total funding sources (5): € 948bn
77% from
most stable
funding
sources
-
―
Funding profile well diversified: 77% of total funding from
most stable sources (versus 73% in prior quarter)
~55% of external funding from retail and transaction
banking deposits
Total funding sources (5) decreased by € 55bn to € 948bn
over the quarter
The decrease was driven by lower secured funding
activities primarily in Equities as a result of deleveraging
activities, lower wholesale funding and a reduction in
deposits (transaction banking outflows partially offset by
retail inflows)
(3) (4) (5)
AT1 instruments are included in Capital Markets
Capital markets issuance differs from long-term debt as reported in our Group IFRS accounts primarily due to TLTRO (classified under 'Secured Funding & Shorts in the above chart),
issuance under our x-markets programme which we do not consider term liquidity and differences between fair value and carrying value of debt instruments as reported in
Consolidation & Other
'Other Customers' includes fiduciary, self-funding structures (e.g. X-markets), margin/prime brokerage cash balances (shown on a net basis) and financing vehicles
Includes € 26bn of TLTRO funding with a residual maturity of up to 2020
Funding sources exclude derivatives and other non-funding liabilities
Deutsche Bank
Investor Relations
Q2 2018 Fixed Income Investor Call
27 July 2018
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