Agenda
▪ Business development in times of Covid-19
▪ Asset Quality
▪ Business Segment Reporting
▪ Capital, B/S & Funding/Liquidity
▪ Outlook 2021
▪ Aareal Next Level - 360o-review
▪ Key Takeaways
▪ Appendix
Business development in times of Covid-19
Business development in times of Covid-19
Managing Covid-19 challenges and pursue strategic initiatives consistently
▪ | Well-diversified business | |
▪ | Conservative risk profile | |
Robust and resilient | ||
▪ | Strong capital base | |
▪ | Solid liquidity position | |
▪ | As a reliable partner we are in close contact with our clients to find solutions | |
and to support where necessary | ||
Staying on course | ▪ | Comprehensive risk provisioning and value adjustments |
▪ | Pursue strategic initiatives consistently | |
▪ | De-risking paid off | |
Worsened environment in Q4 2020 |
▪ Worsening is based on further tightened global lockdown measures
▫ Hotels closed for pleasure trips across Europe, business travel very limited
▫ Shopping malls are closed in most countries
▫ Exit locks starting in the evening hours or throughout the whole day are in place
▪ The impact of Covid-19 mutations on the expected speed of GDP recovery is unknown
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Aareal Bank AG published this content on 24 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2021 06:15:02 UTC.