v3.25.4
Risk Report - Credit Risk Exposure - Maximum Exposure to Credit Risk (Detail) - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Maximum exposure to credit risk    
Financial assets at amortized cost    
Cash and central bank balances € 164,664 [1],[2] € 147,511 [3],[4]
Interbank balances (w/o central banks) 6,963 [1],[2] 6,169 [3],[4]
Central bank funds sold and securities purchased under resale agreements 37,509 [1],[2] 40,802 [3],[4]
Securities borrowed 6 [1],[2] 44 [3],[4]
Loans 484,270 [1],[2] 489,579 [3],[4]
Other assets subject to credit risk 109,015 [1],[2],[5],[6] 81,985 [3],[4],[7],[8]
Total financial assets at amortized cost 802,426 [1],[2] 766,091 [3],[4]
Trading assets 142,273 [2],[9] 134,118 [4],[10]
Positive market values from derivative financial instruments 241,654 [2],[9] 291,800 [4],[10]
Non-trading financial assets mandatory at fair value through profit or loss 123,517 [2],[9] 113,433 [4],[10]
Of which:    
Securities purchased under resale agreement 95,802 [2],[9] 88,736 [4],[10]
Securities borrowed 16,513 [2],[9] 15,913 [4],[10]
Loans 3,370 [2],[9] 1,954 [4],[10]
Financial assets designated at fair value through profit or loss 0 [2],[9] 0 [4],[10]
Total financial assets at fair value through profit or loss 507,444 [2],[9] 539,350 [4],[10]
Financial assets at fair value through other comprehensive income 43,644 [2] 42,090 [4]
Of which:    
Securities purchased under resale agreement 1,128 [2] 2,786 [4]
Loans 4,432 [2] 5,068 [4]
Financial guarantees and other credit related contingent liabilities 79,092 [2],[11] 73,468 [4],[12]
Revocable and irrevocable lending commitments and other credit related commitments 274,305 [2],[11] 269,699 [4],[12]
Total off-balance sheet 353,397 [2] 343,167 [4]
Maximum exposure to credit risk 1,706,911 [2] 1,690,698 [4]
Subject to Impairment    
Financial assets at amortized cost    
Cash and central bank balances 164,664 [1] 147,511 [3]
Interbank balances (w/o central banks) 6,963 [1] 6,169 [3]
Central bank funds sold and securities purchased under resale agreements 37,509 [1] 40,802 [3]
Securities borrowed 6 [1] 44 [3]
Loans 484,270 [1] 489,579 [3]
Other assets subject to credit risk 103,271 [1],[5],[6] 76,702 [3],[7],[8]
Total financial assets at amortized cost 796,683 [1] 760,807 [3]
Of which:    
Financial assets at fair value through other comprehensive income 43,644 42,090
Of which:    
Securities purchased under resale agreement 1,128 2,786
Loans 4,432 5,068
Financial guarantees and other credit related contingent liabilities 79,092 [11] 73,467 [12]
Revocable and irrevocable lending commitments and other credit related commitments 272,072 [11] 268,373 [12]
Total off-balance sheet 351,164 341,840
Maximum exposure to credit risk 1,191,490 1,144,738
Netting    
Financial assets at amortized cost    
Other assets subject to credit risk 25,790 [1],[5],[6] 24,750 [3],[7],[8]
Total financial assets at amortized cost 25,790 [1] 24,750 [3]
Positive market values from derivative financial instruments 180,780 [9] 229,605 [10]
Non-trading financial assets mandatory at fair value through profit or loss 1,774 [9] 1,638 [10]
Of which:    
Securities purchased under resale agreement 1,774 [9] 1,638 [10]
Total financial assets at fair value through profit or loss 182,554 [9] 231,243 [10]
Of which:    
Maximum exposure to credit risk 208,344 255,993
Collateral    
Financial assets at amortized cost    
Central bank funds sold and securities purchased under resale agreements 37,376 [1] 40,580 [3]
Securities borrowed 6 [1] 32 [3]
Loans 256,542 [1] 264,252 [3]
Other assets subject to credit risk 1,107 [1],[5],[6] 1,668 [3],[7],[8]
Total financial assets at amortized cost 295,031 [1] 306,532 [3]
Trading assets 1,525 [9] 1,207 [10]
Positive market values from derivative financial instruments 45,704 [9] 45,613 [10]
Non-trading financial assets mandatory at fair value through profit or loss 111,207 [9] 103,339 [10]
Of which:    
Securities purchased under resale agreement 94,028 [9] 87,091 [10]
Securities borrowed 16,271 [9] 15,671 [10]
Loans 840 [9] 485 [10]
Total financial assets at fair value through profit or loss 158,436 [9] 150,159 [10]
Financial assets at fair value through other comprehensive income 1,342 4,077
Of which:    
Securities purchased under resale agreement 90 2,455
Loans 20 454
Financial guarantees and other credit related contingent liabilities 4,619 [11] 4,410 [12]
Revocable and irrevocable lending commitments and other credit related commitments 24,219 [11] 21,737 [12]
Total off-balance sheet 28,838 26,147
Maximum exposure to credit risk 483,647 486,915
Guarantees and Credit derivatives    
Financial assets at amortized cost    
Loans 49,168 [1],[13] 44,211 [3],[14]
Other assets subject to credit risk 258 [1],[5],[6],[13] 270 [3],[7],[8],[14]
Total financial assets at amortized cost 49,426 [1],[13] 44,481 [3],[14]
Trading assets 895 [9],[13] 612 [10],[14]
Positive market values from derivative financial instruments 10 [9],[13] 115 [10],[14]
Non-trading financial assets mandatory at fair value through profit or loss 495 [9],[13] 292 [10],[14]
Of which:    
Loans 495 [9],[13] 272 [10],[14]
Total financial assets at fair value through profit or loss 1,399 [9],[13] 1,019 [10],[14]
Financial assets at fair value through other comprehensive income 1,232 [13] 1,168 [14]
Of which:    
Loans 1,232 [13] 1,168 [14]
Financial guarantees and other credit related contingent liabilities 9,928 [11],[13] 9,227 [12],[14]
Revocable and irrevocable lending commitments and other credit related commitments 7,348 [11],[13] 8,227 [12],[14]
Total off-balance sheet 17,276 [13] 17,455 [14]
Maximum exposure to credit risk 69,333 [13] 64,122 [14]
Total credit enhancements    
Financial assets at amortized cost    
Central bank funds sold and securities purchased under resale agreements 37,376 [1] 40,580 [3]
Securities borrowed 6 [1] 32 [3]
Loans 305,710 [1] 308,463 [3]
Other assets subject to credit risk 27,154 [1],[5],[6] 26,687 [3],[7],[8]
Total financial assets at amortized cost 370,247 [1] 375,763 [3]
Trading assets 2,419 [9] 1,819 [10]
Positive market values from derivative financial instruments 226,494 [9] 275,333 [10]
Non-trading financial assets mandatory at fair value through profit or loss 113,476 [9] 105,269 [10]
Of which:    
Securities purchased under resale agreement 95,802 [9] 88,729 [10]
Securities borrowed 16,271 [9] 15,671 [10]
Loans 1,335 [9] 757 [10]
Financial assets designated at fair value through profit or loss 0 [9] 0 [10]
Total financial assets at fair value through profit or loss 342,389 [9] 382,421 [10]
Financial assets at fair value through other comprehensive income 2,574 5,244
Of which:    
Securities purchased under resale agreement 90 2,455
Loans 1,252 1,621
Financial guarantees and other credit related contingent liabilities 14,547 [11] 13,637 [12]
Revocable and irrevocable lending commitments and other credit related commitments 31,567 [11] 29,964 [12]
Total off-balance sheet 46,114 43,602
Maximum exposure to credit risk € 761,323 € 807,029
[1] All amounts at gross value before deductions of allowance for credit losses
[2] Does not include credit derivative notional sold (€ 620 billion ) and credit derivative notional bought protection
[3] All amounts at gross value before deductions of allowance for credit losses
[4] Does not include credit derivative notional sold (€ 597.9 billion ) and credit derivative notional bought protection
[5] All amounts at amortized cost (gross) except for qualifying hedge derivatives, which are reflected at Fair value through P&L
[6] Includes Asset Held for Sale regardless of accounting classification
[7] All amounts at amortized cost (gross) except for qualifying hedge derivatives, which are reflected at Fair value through P&L
[8] Includes Asset Held for Sale regardless of accounting classification
[9] Excludes equities, other equity interests and commodities
[10] Excludes equities, other equity interests and commodities
[11] Figures are reflected at notional amounts
[12] Figures are reflected at notional amounts
[13] Bought Credit protection is reflected with the notional of the underlying
[14] Bought Credit protection is reflected with the notional of the underlying