Investor Presentation - FY 2023
Investor Presentation - FY 2023
Capital: Strong capital base with CET1 ratio of 18.8%
Capital ratios under Basel III/CRR (%)
Tier 2
Hybrid T1/AT1 Pillar II component (total 2.7%) CET1
23.1
22.9
22.4
22.1
2.5
2.4
2.5
1.8
2.5
1.8
2.3
1.8
18.7
2.6
2.0
2.0
1.5
17.7
17.8
18.8
18.6
14.2
12.5
2021 reported
2022 reported
04 2023 reported Q4 2023 fully loaded*
CET1 development (%)
18.8
4.5
-0.2
14.3
Current capital buffer structure (%)
Norwegian systemic risk buffer
Countercyclical capital buffer
Capital conservation buffer
SIFI buffer (O-SII)
CET1 Pillar Il requirement
CET1 minimum requirement
CET1 target (above 16%)
CET1 04 2023 (18.8%)
At the end of December 2023, the
trigger point for MDA restrictions
was 14.2%
Fully phased-in
regulatory
requirement**
Total REA (DKK bn]
CET1 buffer
CET1 cap. req.
18.8
0.3
-0.2
14.2
0.5
2.0
2.5
€3.0
1.7
4.5
0423
Danske Bank
1
6
-3
3
821
4.6
14.2
828
Market risk
Operational risk
0423
0323
REA
Net profit
after dividend
FX & Deductions
0423
0323
Credit risk
Counterparty
risk
*Based on fully phased-in rules including fully phased-in impact of IFRS 9. ** Fully phased-in minimum CET1 requirement in December 2024 of 4.5%, capital conservation buffer of 2.5%, SIFI buffer of 3%, countercyclical buffer of 2.0%, systemic
risk buffer of 0.5% (on Norwegian exposures), and CET1 component of Pillar Il requirement.
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