Deutsche Kreditbank AG (DKB) was founded in 1990 and has been a part of the BayernLB Group since 1995. Headquartered in Berlin, the company reported total assets of EUR 54.5 bn in fiscal 2010. <strong>The</strong> bank focuses on target groups from selected sectors such as housing and agriculture. DKB offers these customers, inter alia, tailor-made financing solutions in the PPP (Public Private Partnership) segment and renewable energies. For many years now, DKB has also seen significant growth in retail customer business, operating nationwide as an online bank in this field. Today, more than two million customers take advantage of DKB’s accounts and financing products. On the funding side, the bank has for many years been an active issuer in the capital markets. A milestone was its inaugural Public <strong>Pfandbrief</strong> Jumbo issued in 2006 with a volume of EUR 1 bn. Since then, the bank has issued Triple-A rated Public <strong>Pfandbrief</strong>e and steadily increased the volume outstanding to about EUR 3.7 bn as at December 31, 2010. Since July 2009, DKB has also issued Triple-A rated mortgage-backed <strong>Pfandbrief</strong>e of which EUR 2.3 bn were outstanding as per year-end 2010. Rating: Public <strong>Pfandbrief</strong>e Mortgage-backed <strong>Pfandbrief</strong>e Moody‘s Aaa Aaa Selected key figures* 2010 € million 2009 € million Total assets 54,528 50,857 Mortgage loan portfolio 32,199 31,686 Residential loans 27,268 27,442 Mortgage loan commitments 3,179 1,978 102 Residential loans Public-sector loan portfolio 2,265 9,668 1,600 7,357 of which cross-border – – Public-sector loan commitments 3,842 1,621 of which cross-border – – Total funds outstanding (registered and bearer bonds) Mortgage <strong>Pfandbrief</strong>e 2,275 1,219 Public <strong>Pfandbrief</strong>e 3,705 3,905 Unsecured bonds 1,026 1,024 Jumbo issues outstanding 1,000 1,000 Refinancing funds raised Mortgage <strong>Pfandbrief</strong>e 1,057 1,219 Public <strong>Pfandbrief</strong>e 506 370 Unsecured bonds 0 0 Promissory notes 0 0 Own funds as shown in the balance sheet – total – Core capital (without net income) 1,855 1,785 Profit-sharing capital 18 18 Subordinated liabilities 513 391 Net interest income 512 520 Administrative expenditure 252 235 Operating result before provisions for risks 208 198 Provisions for risks 146 68 Operating result after provisions for risks 62 130 Income for the year before profit transfer 63 126 *all values based on the individual account to HGB Presence in electronic media: www.dkb.de Contacts: Thomas Pönisch Tel.: +49 30 20155-893 thomas.poenisch@dkb.de Andreas Kohn Tel.: +49 30 20155-278 andreas.kohn@dkb.de Fax: +49 30 20155-767
Deutsche Kreditbank AG Taubenstrasse 7-9 10117 Berlin Telephone: +49 30 20155-0 Telefax: +49 30 20155-465 E-mail: zentrale@dkb.de Internet: www.dkb.de Owner: BayernLB (100 %) Public-sector cover pool Dec. 31, 2010 € million in % Dec. 31, 2009 € million Nominal volume 1) by ratings 2) AAA/Aaa/AAA AA/Aa/AA A/A/A BBB/Baa/BBB without rating by borrowers German Federal Government Federal states (Länder) Local authorities Public-sector financial institutions Others Other countries of which: EU non-EU by weighting 0 % 10 % 20 % of which further cover assets 3) nominal Over-collateralization nominal net present value risk adjusted net present value 4) 5,732 264 50 15 10 5,393 31 859 3,894 0 873 75 75 0 5,732 0 0 343 2,369 2,506 2,268 100 5 1