Danske Bank 2017 EU-wide Transparency Exercise Summary
Core Content Overview
This document presents the results of the 2017 EU-wide Transparency Exercise for Danske Bank, including information on own funds, capital ratios, leverage ratios, risk exposure amounts, P&L statements, and market risk under the Standardised Approach for credit risk.
Key Information
Bank Information
- Bank Name: Danske Bank
- LEI Code: MAES062Z21O4RZ2U7M96
- Country Code: DK
Own Funds (Transitional Period)
| Category |
31/12/2016 (EUR) |
30/06/2017 (EUR) |
COREP CODE |
Regulation |
| OWN FUNDS |
23,948 |
22,137 |
C 0.00 (010,010) |
Articles 4(118) and 72 of CRR |
| COMMON EQUITY TIER 1 (CET1) |
17,849 |
16,959 |
C 0.00 (020,010) |
Article 50 of CRR |
| Retained Earnings |
18,015 |
18,065 |
C 0.00 (030,010) |
Articles 26(1) point (c), 26(2) and 36 (1) points (a) and (f) of CRR |
| Other Deductions |
-209 |
-152 |
C 0.00 (020,010) |
Articles 32 to 35 of and 36 (1) point (f) of CRR |
| Intangible Assets |
-859 |
-883 |
C 0.00 (030,010) + C 0.00 (030,010) |
Articles 4(113), 36(1) point (b) and 37 of CRR |
| DTAs (Depreciation Tax Allowances) |
-53 |
-40 |
C 0.00 (030,010) |
Articles 36(1) point (c) and 38 of CRR |
| Defined Benefit Pension Fund Assets |
-186 |
-166 |
C 0.00 (030,010) |
Articles 4(109), 36(1) point (e) and 41 of CRR |
| Transitional Adjustments |
130 |
105 |
CA1 (1.1.1.6 + 1.1.1.8 + 1.1.1.26) |
- |
| Additional Tier 1 (AT1) |
3,149 |
2,557 |
C 0.00 (050,010) |
Article 61 of CRR |
| Tier 1 Capital |
20,998 |
19,516 |
C 0.00 (015,010) |
Article 25 of CRR |
| Tier 2 Capital |
2,950 |
2,621 |
C 0.00 (015,010) |
Article 71 of CRR |
Capital Ratios (Transitional Period)
| Ratio |
31/12/2016 (%) |
30/06/2017 (%) |
| CET1 Capital Ratio |
16.28% |
16.20% |
| Tier 1 Capital Ratio |
19.15% |
18.64% |
| Total Capital Ratio |
21.84% |
21.14% |
Leverage Ratio
| Tier 1 Capital Definition |
31/12/2016 (EUR) |
30/06/2017 (EUR) |
Leverage Ratio (%) |
| Tier 1 Capital - Transitional |
20,998 |
19,516 |
4.6% |
| Tier 1 Capital - Fully Phased-In |
19,602 |
19,380 |
4.3% |
| Total Leverage Exposures (Transitional) |
454,736 |
474,601 |
4.1% |
| Total Leverage Exposures (Fully Phased-In) |
454,693 |
474,532 |
4.1% |
Risk Exposure Amounts
| Risk Exposure |
31/12/2016 (EUR) |
30/06/2017 (EUR) |
| Credit Risk |
91,537 |
88,154 |
| Securitisation and Re-securitisation (Banking Book) |
326 |
100 |
| Contributions to Default Fund of CCP |
119 |
112 |
| Other Credit Risk |
91,093 |
87,943 |
| Market Risk (Position, FX, Commodities) |
7,061 |
5,520 |
| Operational Risk |
10,232 |
10,229 |
| Other Risk Exposure |
9 |
8 |
| Total Risk Exposure |
109,659 |
104,708 |
Profit and Loss (P&L)
| Item |
31/12/2016 (EUR) |
30/06/2017 (EUR) |
| Interest Income |
7,090 |
3,393 |
| Debt Securities Income |
539 |
139 |
| Loans and Advances Income |
5,529 |
2,694 |
| Interest Expenses |
3,371 |
1,705 |
| Deposits Expenses |
796 |
922 |
| Debt Securities Issued Expenses |
2,277 |
567 |
| Net Fee and Commission Income |
1,529 |
819 |
| Gains/Losses on Derecognition |
-24 |
-16 |
| Gains/Losses on Trading Financial Assets |
322 |
440 |
| Net Operating Income/Expenses |
536 |
259 |
| Total Operating Income, Net |
6,142 |
3,220 |
| Profit/Loss Before Tax from Continuing Operations |
3,310 |
1,768 |
| Profit/Loss After Tax from Continuing Operations |
2,634 |
1,392 |
| Profit/Loss for the Year |
2,634 |
1,392 |
Market Risk (Standardised Approach)
| Risk Type |
31/12/2016 (EUR) |
30/06/2017 (EUR) |
| Traded Debt Instruments |
297 |
193 |
| - General Risk |
207 |
108 |
| - Specific Risk |
91 |
86 |
| Equities |
14 |
23 |
| - General Risk |
9 |
17 |
| - Specific Risk |
5 |
6 |
| Foreign Exchange Risk |
12 |
8 |
| Commodities Risk |
0 |
0 |
| Total Market Risk Exposure |
37 |
23 |
Credit Risk - Standardised Approach
| Risk Type |
31/12/2016 (EUR) |
30/06/2017 (EUR) |
| Central Governments or Central Banks |
62,309 |
74,603 |
| Regional Governments or Local Authorities |
8,697 |
8,358 |
| Public Sector Entities |
337 |
56 |
| Multilateral Development Banks |
268 |
374 |
| International Organisations |
186 |
239 |
| Institutions |
2,236 |
1,682 |
| Corporates |
8,245 |
9,248 |
| - SME Corporates |
1,273 |
1,029 |
| Retail |
5,422 |
3,023 |
| - SME Retail |
1,460 |
1,340 |
| Secured by Mortgages on Immovable Property |
16,320 |
6,248 |
| - SME Secured Exposures |
767 |
776 |
| Exposures in Default |
1,086 |
572 |
| Items Associated with Particularly High Risk |
366 |
248 |
| Covered Bonds |
30,681 |
30,512 |
| Total Credit Risk Exposure |
91,537 |
88,154 |
Summary of Main Points
- Danske Bank participated in the 2017 EU-wide Transparency Exercise.
- Own Funds decreased from 23,948 mln EUR in 2016 to 22,137 mln EUR in 2017.
- CET1 Capital declined from 17,849 mln EUR to 16,959 mln EUR.
- Capital Ratios showed a decline in all categories during the period.
- Leverage Ratios were slightly reduced, but remained above the regulatory thresholds.
- Total Risk Exposure decreased from 109,659 mln EUR to 104,708 mln EUR.
- P&L showed a significant decline in operating income and net profit.
- Market Risk Exposure decreased from 37 mln EUR to 23 mln EUR.
- Credit Risk Exposure remained substantial, with covered bonds being a significant portion.
