Deutsche Bank Q1 Provision For Credit Losses Was €471M, Or 39 Basis Points Of Average Loans, Compared To €439M YoY
Provision for credit losses of € 471 million
- Portfolios normalizing as expected with provision for non-performing (Stage 3) loans down 27% year on year to € 341 million
- Provision for performing (Stage 1 and 2) loans of € 130 million includes overlays relating to uncertainties in the macro-economic outlook
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