Deutsche Bank expects 2H25 provisions for credit losses ‘lower’ than 1H

The company said, “In the first nine months, provision for credit losses was EUR 1.3B, or 37 bps of average loans, down 7% year on year. Provision for non-performing loans was EUR 1B, down 28% from EUR 1.4B the prior year period, while provision for performing loans was EUR 313M, materially higher year on year, reflecting model updates and changes in the macro-economic environment. In line with guidance, the bank expects provision for credit losses in the second half of 2025 to be lower than in the first half year.”