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Investor Presentaiton

Investor Presentation - First quarter 2023 Danske Bank Fully compliant with MREL and subordination requirement; expect to cover MREL need with both preferred and non-preferred senior MREL and subordination requirement* and eligible funds; Q1 2023; Comments DKK bn (% of Group REA] +35 (+4.2%) 319 (38.0%) 283 (33.8%) 67 MREL requirement incl. CBR PS > ly NPS > ly CET1, AT1, T2 +24 (+2.9%) (7.9%) 228 252 (30.1%) (27.2%) 68 68 (8.2%) (8.2%) 184 (21.9%) MREL funds Subordination requirement *Including Realkredit Danmark's (RD) capital and debt buffer requirements 184 [21.9%] The Group has to meet a MREL requirement and a subordination requirement, both adjusted for Realkredit Danmark (RD) The subordination requirement is the higher of 2x(P1 + P2) + CBR or 8% TLOF The Group's MREL requirement (total resolution requirement) is DKK 283bn incl. RD's capital and debt buffer requirement (DKK 44bn) and the combined buffer requirement (DKK 51bn). Excess MREL funds are DKK 35bn The Group's subordination requirement is DKK 228bn incl. RD's capital requirement [DKK 29bn). Excess subordinated MREL funds are DKK 24bn This figure shows the Group's MREL and subordination requirement as of end Q1 2023, which constitutes the fully-phased in requirements, i.e. no interim target. Requirements will, however, be impacted by any changes to the CCyB. Subordinated MREL funds 41
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