DGAP-Regulatory: Commerzbank: Result of the EBA Stress Test for Commerzbank

Commerzbank Aktiengesellschaft / Miscellaneous - Urgent Priority 
Commerzbank: Result of the EBA Stress Test for Commerzbank 
 
29-Jul-2016 / 22:07 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
- *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/stresst 
est2016.html [1] you can find further information on the publication by the 
EBA from 29 July 2016. 
 
***** 
 
*Press contact* 
Margarita Thiel [phone] 
Alexander Cordes [phone] 
 
***** 
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. 
 
The EQS Distribution Services include Regulatory Announcements, 
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Archive at www.dgap.de/ukreg 
Language:        English 
Company:         Commerzbank Aktiengesellschaft 
                 Kaiserstraße 16 
                 60311 Frankfurt am Main 
                 Germany 
Phone:           [phone] 
Fax:             - 
E-mail:          [e-mail] 
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 
Category Code:   MSCU 
TIDM:            CZB 
Sequence Number: 3283 
Time of Receipt: 29-Jul-2016 / 22:02 CET/CEST 
 
End of Announcement EQS News Service 
487953 29-Jul-2016 
 
 
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=609bd00542eddab08f70f78407828303&application_id=487953&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

July 29, 2016 16:07 ET (20:07 GMT)