v3.26.1
Allowance for credit losses (Tables)
 6 Months Ended
Jun. 30, 2026
Allowance for Credit Losses [Abstract]  
Development of allowance for credit losses for financial assets at amortized cost Development of allowance for credit losses for financial assets at amortized cost
Six months ended Jun 30, 2026
Allowance for credit losses5
in € m.
Stage 1
Stage 2
Stage 3
Stage 3 POCI
Total
Balance, beginning of year
421
888
4,600
247
6,156
Movements in financial assets including new business
(119)
56
1,027
(7)
957
Transfers due to changes in creditworthiness¹
78
(100)
21
N/M
—
Changes due to modifications that did not result in
derecognition
N/M
N/M
N/M
N/M
N/M
Changes in models
(1)
(3)
—
—
(4)
Financial assets that have been derecognized during the
period²
—
—
(569)
(8)
(577)
Recovery of written off amounts
—
—
51
—
51
Foreign exchange and other changes
(30)
11
(121)
2
(139)
Balance, end of reporting period
349
853
5,009
234
6,445
Provision for credit losses excluding country risk3,4
(42)
(47)
1,049
(7)
953
N/M – Not meaningful
1Transfers due to changes in creditworthiness shows the credit loss allowance movements due to stage transfer prior to expected credit loss remeasurement
2This position includes charge offs of allowance for credit losses
3Movements in financial assets including new business, transfers due to changes in creditworthiness and changes in models add up to provision for credit losses excluding
country risk
4Credit loss provision does include € 9 million reimbursement gain as of June 30, 2026
5Allowance for credit losses does not include allowance for country risk amounting to € 7 million as of June 30, 2026
Six months ended Jun 30, 2025
Allowance for credit losses5
in € m.
Stage 1
Stage 2
Stage 3
Stage 3 POCI
Total
Balance, beginning of year
438
736
4,412
213
5,799
Movements in financial assets including new business
21
217
778
(4)
1,012
Transfers due to changes in creditworthiness¹
96
(104)
8
N/M
—
Changes due to modifications that did not result in
derecognition
N/M
N/M
N/M
N/M
N/M
Changes in models
(65)
87
(155)
—
(133)
Financial assets that have been derecognized during the
period²
—
—
(447)
—
(447)
Recovery of written off amounts
—
—
78
—
78
Foreign exchange and other changes
(9)
(27)
(258)
2
(292)
Balance, end of reporting period
481
909
4,416
211
6,018
Provision for credit losses excluding country risk3,4
52
200
631
(4)
880
N/M – Not meaningful
1Transfers due to changes in creditworthiness shows the credit loss allowance movements due to stage transfer prior to expected credit loss remeasurement
2This position includes charge offs of allowance for credit losses
3The above table breaks down the impact on provision for credit losses from movements in financial assets including new business, transfers due to changes in
creditworthiness and changes in models
4Credit loss provision includes € 8 million reimbursement gain as of June 30, 2025
5Allowance for credit losses does not include allowance for country risk amounting to € 7 million as of June 30, 2025
Development of allowance for off balance sheet positions Development of allowance for credit losses for off-balance sheet positions
Six months ended Jun 30, 2026
Allowance for credit losses3
in € m.
Stage 1
Stage 2
Stage 3
Stage 3 POCI
Total
Balance, beginning of year
98
96
196
2
393
Movements including new business
(8)
7
16
1
17
Transfers due to changes in creditworthiness1
4
(6)
2
N/M
—
Changes in models
—
—
—
—
—
Foreign exchange and other changes
(1)
(2)
(25)
(2)
(30)
Balance, end of reporting period
94
96
189
1
380
Of which: Financial guarantees
86
59
84
—
229
Provision for credit losses excluding country risk2
(3)
1
18
1
17
N/M – Not meaningful
1Transfers due to changes in creditworthiness shows the credit loss allowance movements due to stage transfer prior to expected credit loss remeasurement
2The above table breaks down the impact on provision for credit losses from movements in financial assets including new business, transfers due to changes in
creditworthiness and changes in models
3Allowance for credit losses does not include allowance for country risk amounting to € 13 million as of June 30, 2026
Six months ended Jun 30, 2025
Allowance for credit losses3
in € m.
Stage 1
Stage 2
Stage 3
Stage 3 POCI
Total
Balance, beginning of year
106
82
173
—
361
Movements including new business
(15)
9
1
3
(3)
Transfers due to changes in creditworthiness1
3
(3)
—
N/M
—
Changes in models
—
—
—
—
—
Foreign exchange and other changes
(3)
(9)
(12)
—
(24)
Balance, end of reporting period
91
78
162
3
335
Of which: Financial guarantees
55
42
84
—
181
Provision for credit losses excluding country risk2
(12)
6
1
3
(3)
N/M – Not meaningful
1Transfers due to changes in creditworthiness shows the credit loss allowance movements due to stage transfer prior to expected credit loss remeasurement
2The above table breaks down the impact on provision for credit losses from movements in financial assets including new business, transfers due to changes in
creditworthiness and changes in models
3Allowance for credit losses does not include allowance for country risk amounting to € 10 million as of June 30, 2025