Investor Presentaiton slide image

Investor Presentaiton

- Wholesale funding and capital: debt vs interbank funding Stable wholesale funding reliance, as customer deposits grow strongly Debt securities issued in EUR bn Interbank deposits -4.1% 33.5 32.1 Sub debt 30.7 4.9 Senior non-preferred bonds 5.4 5.4 [1.4] Senior unsec. bonds -9.9% 35.4 3.2 31.9 1.8 1.5 0.7 Certificates of deposit 24.8 11.9 Other CDs, name cert's 2.1 9.5 12.2 Mortgage CBs 1.0 -0.5 Public sector CBs 29.8 31 20 3.2 1.0 29.2 1.3 Other -1.0 21.7 12.8 11.0 10.6 0.2 0.0 0.0 =0.5 31/12/20 0.2 30/09/21 0.2 31/12/21 • • Increased MREL-related issuance leads to rise in stock of senior unsecured bonds Temporary increase in CDs reverses towards year-end High liquidity (attributable to substantial deposit inflow and TLTRO III) results in decline in covered bonds issuances ERSTEŚ Group • 0.9 31/12/20 2.3 30/09/21 1.0 31/12/21 in EUR bn Overnight deposits Term deposits Repurchase agreements Significant yoy increase in interbank deposits predominantly driven by increased TLTRO III balance, balance sheet management Page 29
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