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Commerzbank: Result of the EBA Stress Test for Commerzbank

DGAP-News: Commerzbank Aktiengesellschaft / Key word(s): Miscellaneous
Commerzbank: Result of the EBA Stress Test for Commerzbank

29.07.2016 / 22:02
The issuer is solely responsible for the content of this announcement.

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- CET 1 ratio with full application of Basel 3 in the baseline scenario
13.1% (2014: 10.6%); in the adverse scenario 7.4% (2014: 6.9%)

- Chief Risk Officer Chromik: "Commerzbank is stress resistant"

Commerzbank has attained a solid result in the Stress Test performed by the
European Banking Authority (EBA). In the baseline scenario of the Stress
Test Commerzbank has posted a Common Equity Tier 1 ratio (CET 1) of 13.1%.
In the so-called adverse scenario of the Stress Test the Common Equity Tier
1 ratio was 7.4%. Both results apply to the end of the period under
observation in 2018. These ratios already include significant "phase-in"
effects as a result of regulatory requirements (Basel 3). These "phase-in"
effects which amounted to 1.7% were incurred irrespective of the Stress
Test.

In the EBA Stress Test in 2014 the Common Equity Tier 1 ratio with full
application of Basel 3 for Commerzbank in the baseline scenario was 10.6%,
in the adverse scenario 6.9%. In comparison to 2014 the 2016 EBA Stress
Test was once again tightened significantly in terms of its methodology and
expanded by further risk factors.

"Commerzbank is robust and stress resistant" says Marcus Chromik, the Chief
Risk Officer of Commerzbank. "Even under the adverse conditions of the EBA
stress scenario, the stability of the Bank would be granted. The low-risk
balance sheet and good capital ratio of Commerzbank are proof to this."

Since the 2014 EBA Stress Test Commerzbank has run down non-strategic
portfolios by approx. 54 billion euros while preserving value, created
approx. 3.5 billion euros of balance sheet equity capital, and thus
increased the Common Equity Tier 1 ratio with full application of Basel 3
by 300 basis points from 9.0% (end of 2013) to 12.0% (end of 2015).

Under https://www.commerzbank.de/en/hauptnavigation/aktionaere/aktuelles_2/
stresstest2016.html you can find further information on the publication by
the EBA from 29 July 2016.

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Press contact

Margarita Thiel [phone]
Alexander Cordes [phone]

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About Commerzbank
Commerzbank is a leading international commercial bank with branches and
offices in more than 50 countries. The core markets of Commerzbank are