DGAP-News: 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.

*****

Press contact

Margarita Thiel  +49 69 136-46646
Alexander Cordes +49 69 136-42764

*****
About Commerzbank
Commerzbank is a leading international commercial bank with branches and
offices in more than 50 countries. The core markets of Commerzbank are
Germany and Poland. With the business areas Private Customers,
Mittelstandsbank, Corporates & Markets and Central & Eastern Europe, its
private customers and corporate clients, as well as institutional
investors, profit from a comprehensive portfolio of banking and capital
market services. Commerzbank finances more than 30 per cent of Germany's
foreign trade and is the unchallenged leader in financing for SMEs. With
its subsidiaries Comdirect and Poland's M Bank it owns two of the world's
most innovative online banks. With approximately 1,050 branches and more
than 90 advisory centres for business customers Commerzbank has one of the
densest branch networks among German private banks. In total, Commerzbank
boasts more than 16 million private customers, as well as 1 million
business and corporate clients. The Bank, which was founded in 1870, is
represented at all the world's major stock exchanges. In 2015, it generated
gross revenues of EUR9.8 billion with 51,300 employees.

*****
Disclaimer
This release contains forward-looking statements. Forward-looking
statements are statements that are not historical facts. In this release,
these statements concern inter alia the expected future business of
Commerzbank, efficiency gains and expected synergies, expected growth
prospects and other opportunities for an increase in value of Commerzbank
as well as expected future financial results, restructuring costs and other
financial developments and information. These forward-looking statements
are based on the management's current plans, expectations, estimates and
projections. They are subject to a number of assumptions and involve known
and unknown risks, uncertainties and other factors that may cause actual
results and developments to differ materially from any future results and
developments expressed or implied by such forward-looking statements. Such
factors include the conditions in the financial markets in Germany, in
Europe, in the USA and other regions from which Commerzbank derives a
substantial portion of its revenues and in which Commerzbank holds a
substantial portion of its assets, the development of asset prices and
market volatility, especially due to the ongoing European debt crisis,
potential defaults of borrowers or trading counterparties, the
implementation of its strategic initiatives to improve its business model,
particularly to reduce its ACR portfolio, the reliability of its risk
management policies, procedures and methods, risks arising as a result of
regulatory change and other risks. Forward-looking statements therefore
speak only as of the date they are made. Commerzbank has no obligation to
update or release any revisions to the forward-looking statements contained
in this release to reflect events or circumstances after the date of this
release.


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29.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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   Language:    English                                                    
   Company:     Commerzbank Aktiengesellschaft                             
                Kaiserstraße 16                                            
                60311 Frankfurt am Main                                    
                Germany                                                    
   Phone:       +49 (069) 136 20                                           
   Fax:         -                                                          
   E-mail:      pressestelle@commerzbank.com                               
   Internet:    www.commerzbank.de                                         
   ISIN:        DE000CBK1001                                               
   WKN:         CBK100                                                     
   Indices:     DAX, CDAX, HDAX, PRIMEALL                                  
   Listed:      Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime   
                Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated  
                Unofficial Market in Tradegate Exchange; London, SIX       
 
 
   End of News    DGAP News Service  
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487643 29.07.2016