We derive our credit quality from internal ratings and group our exposures into classes as shown below. Please refer to section “Measuring Credit Risk” for more details about our internal ratings.
Credit Quality of Financial Instruments neither Past Due nor Impaired |
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|
Dec 31, 2017 |
||||||||||||||
in € m.1 |
iAAA–iAA |
iA |
iBBB |
iBB |
iB |
iCCC and below |
Total |
||||||||
|
|||||||||||||||
Cash and central bank balances |
219,690 |
3,717 |
1,453 |
597 |
80 |
118 |
225,655 |
||||||||
Interbank balances (w/o central banks) |
3,921 |
2,743 |
1,450 |
808 |
23 |
320 |
9,265 |
||||||||
Central bank funds sold and securities purchased under resale agreements |
2,666 |
2,851 |
716 |
3,018 |
630 |
89 |
9,971 |
||||||||
Securities borrowed |
13,326 |
2,379 |
495 |
499 |
10 |
22 |
16,732 |
||||||||
Financial assets at fair value through profit or loss2 |
251,554 |
193,193 |
50,326 |
41,347 |
10,004 |
3,888 |
550,313 |
||||||||
Trading assets |
49,305 |
12,186 |
11,833 |
16,496 |
6,684 |
2,226 |
98,730 |
||||||||
Positive market values from derivative financial instruments |
151,693 |
167,014 |
25,442 |
13,333 |
2,472 |
1,078 |
361,032 |
||||||||
Financial assets designated at fair value through profit or loss |
50,557 |
13,993 |
13,051 |
11,518 |
848 |
585 |
90,551 |
||||||||
thereof: |
|
|
|
|
|
|
|
||||||||
Securities purchased under resale agreement |
25,389 |
11,498 |
9,662 |
10,367 |
324 |
603 |
57,843 |
||||||||
Securities borrowed |
18,309 |
1,277 |
644 |
24 |
0 |
0 |
20,254 |
||||||||
Financial assets available for sale2 |
36,235 |
6,658 |
2,592 |
399 |
57 |
130 |
46,071 |
||||||||
Loans3 |
40,765 |
54,383 |
126,071 |
117,807 |
43,872 |
12,236 |
395,132 |
||||||||
thereof: |
|
|
|
|
|
|
|
||||||||
IAS 39 reclassified loans |
20 |
0 |
36 |
283 |
141 |
108 |
588 |
||||||||
Securities held to maturity |
3,170 |
0 |
0 |
0 |
0 |
0 |
3,170 |
||||||||
Other assets subject to credit risk |
16,705 |
25,909 |
8,128 |
14,704 |
754 |
700 |
66,900 |
||||||||
Financial guarantees and other credit related contingent liabilities4 |
5,108 |
13,899 |
16,165 |
7,882 |
3,434 |
1,723 |
48,212 |
||||||||
Irrevocable lending commitments and other credit related commitments4 |
18,643 |
44,388 |
51,021 |
25,652 |
15,286 |
3,264 |
158,253 |
||||||||
Total |
611,783 |
350,120 |
258,417 |
212,713 |
74,152 |
22,489 |
1,529,674 |
|
Dec 31, 2016 |
||||||||||||||
in € m.1 |
iAAA–iAA |
iA |
iBBB |
iBB |
iB |
iCCC and below |
Total |
||||||||
|
|||||||||||||||
Cash and central bank balances |
174,978 |
4,241 |
1,778 |
238 |
81 |
47 |
181,364 |
||||||||
Interbank balances (w/o central banks) |
5,546 |
3,452 |
1,612 |
689 |
112 |
195 |
11,606 |
||||||||
Central bank funds sold and securities purchased under resale agreements |
3,542 |
7,734 |
1,028 |
2,624 |
1,338 |
22 |
16,287 |
||||||||
Securities borrowed |
16,036 |
2,882 |
802 |
343 |
18 |
0 |
20,081 |
||||||||
Financial assets at fair value through profit or loss2 |
277,645 |
258,627 |
61,162 |
52,904 |
11,183 |
5,889 |
667,411 |
||||||||
Trading assets |
46,398 |
10,956 |
12,024 |
17,729 |
5,833 |
2,471 |
95,410 |
||||||||
Positive market values from derivative financial instruments |
188,037 |
234,491 |
38,113 |
19,138 |
3,297 |
2,073 |
485,150 |
||||||||
Financial assets designated at fair value through profit or loss |
43,211 |
13,180 |
11,024 |
16,037 |
2,053 |
1,344 |
86,850 |
||||||||
thereof: |
|
|
|
|
|
|
|
||||||||
Securities purchased under resale agreement |
13,622 |
10,684 |
7,401 |
13,667 |
1,165 |
866 |
47,404 |
||||||||
Securities borrowed |
18,697 |
1,498 |
937 |
4 |
0 |
0 |
21,136 |
||||||||
Financial assets available for sale2 |
42,808 |
6,616 |
2,106 |
577 |
72 |
254 |
52,433 |
||||||||
Loans3 |
44,116 |
52,421 |
127,682 |
121,213 |
42,941 |
14,273 |
402,645 |
||||||||
thereof: |
|
|
|
|
|
|
|
||||||||
IAS 39 reclassified loans |
54 |
28 |
341 |
26 |
68 |
87 |
604 |
||||||||
Securities held to maturity |
3,206 |
0 |
0 |
0 |
0 |
0 |
3,206 |
||||||||
Other assets subject to credit risk |
26,594 |
25,791 |
9,656 |
13,091 |
630 |
273 |
76,036 |
||||||||
Financial guarantees and other credit related contingent liabilities4 |
5,699 |
13,712 |
16,753 |
9,663 |
4,477 |
2,038 |
52,341 |
||||||||
Irrevocable lending commitments and other credit related commitments4 |
21,479 |
45,635 |
47,480 |
29,274 |
18,173 |
4,022 |
166,063 |
||||||||
Total |
621,650 |
421,112 |
270,058 |
230,615 |
79,025 |
27,013 |
1,649,473 |
The overall decline in total credit exposure of € 119.8 billion for December 31, 2017 is mainly due to an decrease in positive market value from derivative financial instruments in investment-grade rating categories, mainly in the category iA.