EBA欧洲银行-EBA_TR_DE_0W2PZJM8XOY22M4GG883_29页_5mb

2016 EU-wide Stress Test Summary: DekaBank Deutsche Girozentrale

Core Information

• Bank Name: DekaBank Deutsche Girozentrale
• LEI Code: 0W2PZJM8XOY22M4GG883
• Country Code: DE (Germany)

Key Financial Indicators (31/12/2015 to 31/12/2018)

Credit Risk IRB Overview

Germany

• IRB Total (mln EUR): 36,757 (A-IRB) / 13,157 (F-IRB)
• Stock of Provisions (mln EUR): 55 (A-IRB) / 66 (F-IRB)
• Coverage Ratio - Default Stock (%): 29.2%

United Kingdom

• IRB Total (mln EUR): 3,957 (A-IRB) / 1,672 (F-IRB)
• Stock of Provisions (mln EUR): 55 (A-IRB) / 66 (F-IRB)
• Coverage Ratio - Default Stock (%): 0.0%

United States

• IRB Total (mln EUR): 3,523 (A-IRB) / 942 (F-IRB)
• Stock of Provisions (mln EUR): 3 (A-IRB) / 3 (F-IRB)
• Coverage Ratio - Default Stock (%): 9.6%

France

• IRB Total (mln EUR): 3,952 (A-IRB) / 1,278 (F-IRB)
• Stock of Provisions (mln EUR): 14 (A-IRB) / 105 (F-IRB)
• Coverage Ratio - Default Stock (%): 29.2%

Luxembourg

• IRB Total (mln EUR): 3,523 (A-IRB) / 942 (F-IRB)
• Stock of Provisions (mln EUR): 3 (A-IRB) / 3 (F-IRB)
• Coverage Ratio - Default Stock (%): 9.6%

Netherlands

• IRB Total (mln EUR): 1,840 (A-IRB) / 672 (F-IRB)
• Stock of Provisions (mln EUR): 1 (A-IRB) / 0 (F-IRB)
• Coverage Ratio - Default Stock (%): 0.0%

Ireland

• IRB Total (mln EUR): 948 (A-IRB) / 526 (F-IRB)
• Stock of Provisions (mln EUR): 0 (A-IRB) / 0 (F-IRB)
• Coverage Ratio - Default Stock (%): 0.0%

Main Points and Key Observations

• Financial Performance: DekaBank Deutsche Girozentrale showed a positive net interest income in the baseline scenario but a significant loss in the adverse scenario.
• Capital Adequacy: The bank's Common Equity Tier 1 capital increased in the baseline scenario but dropped significantly in the adverse scenario, indicating potential vulnerability under stress conditions.
• Leverage Ratio: The leverage ratio improved in the baseline scenario but declined in the adverse scenario, suggesting increased financial leverage under stress.
• Credit Risk Exposure: The IRB total for credit risk exposure varied across countries, with Germany having the highest exposure.
• Provisions for Defaults: The stock of provisions for defaulted assets was minimal in most countries, indicating low levels of expected losses under stress.
• Coverage Ratio: The coverage ratio for default stock was generally stable in the baseline scenario but dropped in the adverse scenario, highlighting the potential for lower capital coverage of credit losses in adverse conditions.

Conclusion

The 2016 EU-wide Stress Test results for DekaBank Deutsche Girozentrale show that while the bank maintains a relatively stable capital ratio in the baseline scenario, it faces significant challenges in the adverse scenario, particularly in terms of net interest income and capital adequacy. The coverage ratio for default stock decreases in adverse conditions, indicating a potential risk of capital insufficiency. The test highlights the need for the bank to maintain robust risk management practices to ensure resilience under adverse economic conditions.