Investor Presentaiton
Provision for credit losses
In € m, unless stated otherwise
Stage 1+2
Stage 3
In bps of average loans annualized¹
24
19
28
28
30
30
33
351
372
350
401
63
13
292
233
178
52
390
397
337
338
181
114
10
Q1
Q2
22
2022
(39)
(26)
Q3
Q4
Q1
Q2
22
Notes: for footnotes refer to slides 44 and 45
Deutsche Bank
Investor Relations
Q3 2023 results
October 25, 2023
2023
Key highlights
20
20
245
346
(101)
33
Q3
> Q3 provisions lower than prior quarter
as a result of reduced stage 1+2
provisions driven by model changes
and improved macroeconomic
forecasts, mainly affecting the
Investment Bank and the Corporate
Bank
› Stage 3 provisions broadly in line with
previous quarter
› Provisions driven by Private Bank and
Investment Bank, with Corporate Bank
benefiting from lower level of
impairments
>
FY 2023 guidance unchanged at the
upper end of 25-30bps range
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