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Lower LLPs<br />

Provisions for loan losses<br />

in € m<br />

844<br />

993<br />

1,053<br />

Σ 4,214<br />

1,324<br />

Eric Strutz ‌ CFO ‌‌‌<br />

Frankfurt ‌‌‌<br />

November 8th, 2010<br />

in the Core Bank, ongoing high risk charges in ABF<br />

644<br />

639<br />

621<br />

Q1 Q2 Q3 Q4 Q1 Q2 Q3<br />

2009 2010<br />

566 465 584 684 297 257 126<br />

Provisions for loan losses Core Bank<br />

LLPs in Core Bank benefited from<br />

write-backs<br />

ABF continues to be a burden. CRE<br />

Banking with €427m LLPs in Q3 2010<br />

-<br />

No relief in US and Spanish<br />

portfolios<br />

2010 full year expectation is further<br />

reduced to ≤ €2.7bn, mainly due to<br />

improvements in domestic corporate<br />

businesses<br />

In core markets of CRE we are<br />

cautiously optimistic that we are close<br />

to the turning point<br />

9

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