Danske Bank A/S : EBA transparency exercise 2021

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2021 EU-wide Transparency Exercise

d on:	Bank Name	Danske Bank A/S
##	LEI Code	MAES062Z21O4RZ2U7M96
	Country Code	DK
	The information on Collateral valuation - loans and advances applies only to banks meeting at least one of the criteria for significance and having a ratio of non-performing loans and advances divided by total loans and advances
	(excluding loans and advances classified as held for sale, cash balances at central banks and other demand deposits ) of 5% or above, therefore this bank is not required to report it to the EBA.	Da

	202009	202012	202103		202106
	2021 EU-wide Transparency Exercise
			Key Metrics
			Danske Bank A/S
	As of	As of	As of		As of	COREP CODE			REGULATION
(mln EUR, %)	30/09/2020	31/12/2020	31/03/2021		30/06/2021
Available capital (amounts)
Common Equity Tier 1 (CET1) capital - transitional period	18,730	19,316	19,435		19,769	C 01.00 (r020,c010)			Article 50 of CRR
Common Equity Tier 1 (CET1) capital - transitional period - as if IFRS 9 or analogous ECLs	18,440	18,973	19,176		19,488	C 01.00 (r020,c010)			Article 50 of CRR
transitional arrangements had not been applied		- C 05.01 (r440,c010)
Tier 1 capital - transitional period	21,126	21,638	21,819		22,754	C 01.00 (r015,c010)			Article 25 of CRR
Tier 1 capital as if IFRS 9 or analogous ECLs transitional arrangements had not been applied -	20,836	21,296	21,560		22,473	C 01.00 (r015,c010)			Article 25 of CRR
transitional definition		- C 05.01 (r440,c010)	- C 05.01 (r440,c020)
Total capital - transitional period	23,973	24,206	25,127		25,563	C 01.00 (r010,c010)			Articles 4(118) and 72 of CRR
Total capital - transitional period - as if IFRS 9 or analogous ECLs transitional arrangements	23,683	23,864	24,868		25,282	C 01.00 (r010,c010) - C 05.01 (r440,c010)		Articles 4(118) and 72 of CRR
had not been applied		- C 05.01 (r440,c020) - C 05.01 (r440,c030)
Risk exposure amounts
Total risk exposure amount	102,937	105,388	107,262		109,758	C 02.00 (r010,c010)			Articles 92(3), 95, 96 and 98 of CRR
Total risk exposure amount as if IFRS 9 or analogous ECLs transitional arrangements had not	102,907	105,358	107,249		109,746	C 02.00 (r010,c010)			Articles 92(3), 95, 96 and 98 of CRR
been applied		- C 05.01 (r440,c040)
Capital ratios
Common Equity Tier 1 (as a percentage of risk exposure amount) - transitional definition	18.20%	18.33%	18.12%		18.01%	CA3 {1}			-
Common Equity Tier 1 (as a percentage of risk exposure amount) - transitional definition - as	17.92%	18.01%	17.88%		17.76%	(C 01.00 (r020,c010)	- C 05.01 (r440,c010) )/	-
if IFRS 9 or analogous ECLs transitional arrangements had not been applied		(C 02.00 (r010,c010)	- C 05.01 (r440,c040) )
Tier 1 (as a percentage of risk exposure amount) - transitional definition	20.52%	20.53%	20.34%		20.73%	CA3 {3}			-
Tier 1 (as a percentage of risk exposure amount) as if IFRS 9 or analogous ECLs transitional						(C 01.00 (r015,c010)	- C 05.01 (r440,c010)	-
20.25%	20.21%	20.10%		20.48%	C 05.01 (r440,c020) ) / (C 02.00 (r010,c010)	- C	-
arrangements had not been applied
					05.01 (r440,c040) )
Total capital (as a percentage of risk exposure amount) - transitional definition	23.29%	22.97%	23.43%		23.29%	CA3 {5}			-
Total capital (as a percentage of risk exposure amount) as if IFRS 9 or analogous ECLs						(C 01.00 (r010,c010)	- C 05.01 (r440,c010)
23.01%	22.65%	23.19%		23.04%	- C 05.01 (r440,c020) - C 05.01 (r440,c030) /	-
transitional arrangements had not been applied
					(C 02.00 (r010,c010) - C 05.01 (r440,c040) )
Leverage ratios
Leverage ratio total exposure measure - using a transitional definition of Tier 1 capital	477,455	485,998	493,364		483,819	C 47.00 (r300,c010)			Article 429 of the CRR; Delegated Regulation (EU) 2015/62 of 10 October 2014
			amending CRR
Leverage ratio - using a transitional definition of Tier 1 capital	4.42%	4.45%	4.42%		4.70%	C 47.00 (r340,c010)			Article 429 of the CRR; Delegated Regulation (EU) 2015/62 of 10 October 2014
			amending CRR

		202009	202012	202103	202106
	2021 EU-wide Transparency Exercise
	Leverage ratio
	Danske Bank A/S
		As of	As of	As of	As of	COREP CODE	REGULATION
	(mln EUR, %)	30/09/2020	31/12/2020	31/03/2021	30/06/2021
A.1	Tier 1 capital - transitional definition	21,126	21,638	21,819	22,754	C 47.00 (r320,c010)
A.2	Tier 1 capital - fully phased-in definition	20,798	21,265	21,560	22,473	C 47.00 (r310,c010)	Article 429 of the CRR; Delegated Regulation
							(EU) 2015/62 of 10 October 2014 amending
B.1	Total leverage ratio exposures - using a transitional definition of Tier 1 capital	477,455	485,998	493,364	483,819	C 47.00 (r300,c010)	CRR
B.2	Total leverage ratio exposures - using a fully phased-in definition of Tier 1 capital	477,128	485,655	493,106	483,538	C 47.00 (r290,c010)
C.1	Leverage ratio - using a transitional definition of Tier 1 capital	4.4%	4.5%	4.4%	4.7%	[A.1]/[B.1]
C.2	Leverage ratio - using a fully phased-in definition of Tier 1 capital	4.4%	4.4%	4.4%	4.6%	[A.2]/[B.2]

			202009	202012	202103	202106
		2021 EU-wide Transparency Exercise
		Capital
		Danske Bank A/S
		(mln EUR, %)	As of 30/09/2020	As of 31/12/2020	As of 31/03/2021	As of 30/06/2021	COREP CODE	REGULATION
	A	OWN FUNDS	23,973	24,206	25,127	25,563	C 01.00 (r010,c010)	Articles 4(118) and 72 of CRR
	A.1	COMMON EQUITY TIER 1 CAPITAL (net of deductions and after applying	18,730	19,316	19,435	19,769	C 01.00 (r020,c010)	Article 50 of CRR
	transitional adjustments)
	A.1.1	Capital instruments eligible as CET1 Capital (including share premium and net own capital	1,142	1,149	1,148	1,150	C 01.00 (r030,c010)	Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f) and 42 of CRR
	instruments)
	A.1.2	Retained earnings	19,782	20,157	20,376	20,520	C 01.00 (r130,c010)	Articles 26(1) point (c), 26(2) and 36 (1) points (a) and (l) of CRR
	A.1.3	Accumulated other comprehensive income	0	0	0	0	C 01.00 (r180,c010)	Articles 4(100), 26(1) point (d) and 36 (1) point (l) of CRR
	A.1.4	Other Reserves	0	0	0	0	C 01.00 (r200,c010)	Articles 4(117) and 26(1) point (e) of CRR
	A.1.5	Funds for general banking risk	0	0	0	0	C 01.00 (r210,c010)	Articles 4(112), 26(1) point (f) and 36 (1) point (l) of CRR
	A.1.6	Minority interest given recognition in CET1 capital	0	0	0	0	C 01.00 (r230,c010)	Article 84 of CRR
	A.1.7	Adjustments to CET1 due to prudential filters	-130	-113	-160	-163	C 01.00 (r250,c010)	Articles 32 to 35 of and 36 (1) point (l) of CRR
	A.1.8	(-) Intangible assets (including Goodwill)	-803	-692	-697	-642	C 01.00 (r300,c010) + C 01.00 (r340,c010)	Articles 4(113), 36(1) point (b) and 37 of CRR. Articles 4(115), 36(1) point (b) and 37 point (a)
	of CCR
	A.1.9	(-) DTAs that rely on future profitability and do not arise from temporary differences net of	-2	-23	-44	-34	C 01.00 (r370,c010)	Articles 36(1) point (c) and 38 of CRR
	associated DTLs
	A.1.10	(-) IRB shortfall of credit risk adjustments to expected losses	0	0	0	0	C 01.00 (r380,c010)	Articles 36(1) point (d), 40 and 159 of CRR
	A.1.11	(-) Defined benefit pension fund assets	-277	-296	-329	-351	C 01.00 (r390,c010)	Articles 4(109), 36(1) point (e) and 41 of CRR
	A.1.12	(-) Reciprocal cross holdings in CET1 Capital	0	0	0	0	C 01.00 (r430,c010)	Articles 4(122), 36(1) point (g) and 44 of CRR
	A.1.13	(-) Excess deduction from AT1 items over AT1 Capital	0	0	0	0	C 01.00 (r440,c010)	Article 36(1) point (j) of CRR
	A.1.14	(-) Deductions related to assets which can alternatively be subject to a 1.250% risk weight	0	0	0	0	C 01.00 (r450,c010) + C 01.00 (r460,c010) +	Articles 4(36), 36(1) point (k) (i) and 89 to 91 of CRR; Articles 36(1) point (k) (ii), 243(1) point
	C 01.00 (r470,c010) + C 01.00 (r471,c010)+	(b), 244(1) point (b) and 258 of CRR; Articles 36(1) point k) (iii) and 379(3) of CRR; Articles
							C 01.00 (r472,c010)	36(1) point k) (iv) and 153(8) of CRR and Articles 36(1) point k) (v) and 155(4) of CRR.
	A.1.14.1	Of which: from securitisation positions (-)	0	0	0	0	C 01.00 (r460,c010)	Articles 36(1) point (k) (ii), 243(1) point (b), 244(1) point (b) and 258 of CRR
	A.1.15	(-) Holdings of CET1 capital instruments of financial sector entities where the institiution	0	0	0	0	C 01.00 (r480,c010)	Articles 4(27), 36(1) point (h); 43 to 46, 49 (2) and (3) and 79 of CRR
	does not have a significant investment
	A.1.16	(-) Deductible DTAs that rely on future profitability and arise from temporary differences	0	0	0	0	C 01.00 (r490,c010)	Articles 36(1) point (c) and 38; Articles 48(1) point (a) and 48(2) of CRR
	A.1.17	(-) Holdings of CET1 capital instruments of financial sector entities where the institiution has	0	0	0	0	C 01.00 (r500,c010)	Articles 4(27); 36(1) point (i); 43, 45; 47; 48(1) point (b); 49(1) to (3) and 79 of CRR
	a significant investment
	A.1.18	(-) Amount exceding the 17.65% threshold	0	0	0	0	C 01.00 (r510,c010)	Article 48 of CRR
	A.1.18A	(-) Insufficient coverage for non-performing exposures				-2	C 01.00 (r513,c010)	Article 36(1), point (m) and Article 47c CRR
OWN FUNDS	A.1.18B	(-) Minimum value commitment shortfalls				0
Transitional period				C 01.00 (r514,c010)	Article 36(1), point (n) and Article 132c(2) CRR
	A.1.18C	(-) Other foreseeable tax charges				0	C 01.00 (r515,c010)	Article 36(1), point (l) CRR
	A.1.19	(-) Additional deductions of CET1 Capital due to Article 3 CRR	0	0	0	0	C 01.00 (r524,c010)	Article 3 CRR
	A.1.20	CET1 capital elements or deductions - other	-1,273	-1,209	-1,117	-989	C 01.00 (r529,c010)	-
	A.1.21	Transitional adjustments	290	343	259	281	CA1 {1.1.1.6 + 1.1.1.8 + 1.1.1.26}	-
	A.1.21.1	Transitional adjustments due to grandfathered CET1 Capital instruments (+/-)	0	0	0	0	C 01.00 (r220,c010)	Articles 483(1) to (3), and 484 to 487 of CRR
	A.1.21.2	Transitional adjustments due to additional minority interests (+/-)	0	0	0	0	C 01.00 (r240,c010)	Articles 479 and 480 of CRR
	A.1.21.3	Other transitional adjustments to CET1 Capital (+/-)	290	343	259	281	C 01.00 (r520,c010)	Articles 469 to 472, 478 and 481 of CRR
	A.2	ADDITIONAL TIER 1 CAPITAL (net of deductions and after transitional adjustments)	2,395	2,323	2,384	2,985	C 01.00 (r530,c010)	Article 61 of CRR
	A.2.1	Additional Tier 1 Capital instruments	2,395	2,323	2,384	2,985	C 01.00 (r540,c010) + C 01.00 (r670,c010)
	A.2.2	(-) Excess deduction from T2 items over T2 capital	0	0	0	0	C 01.00 (r720,c010)
	A.2.3	Other Additional Tier 1 Capital components and deductions	0	0	0	0	C 01.00 (r690,c010) + C 01.00 (r700,c010) +
	C 01.00 (r710,c010) + C 01.00 (r740,c010) +
							C 01.00 (r744,c010) + C 01.00 (r748,c010)
	A.2.4	Additional Tier 1 transitional adjustments	0	0	0	0	C 01.00 (r660,c010) + C 01.00 (r680,c010) +
	C 01.00 (r730,c010)
	A.3	TIER 1 CAPITAL (net of deductions and after transitional adjustments)	21,126	21,638	21,819	22,754	C 01.00 (r015,c010)	Article 25 of CRR
	A.4	TIER 2 CAPITAL (net of deductions and after transitional adjustments)	2,847	2,568	3,309	2,808	C 01.00 (r750,c010)	Article 71 of CRR
	A.4.1	Tier 2 Capital instruments	2,847	2,568	3,309	2,808	C 01.00 (r760,c010) + C 01.00 (r890,c010)
							C 01.00 (r910,c010) + C 01.00 (r920,c010) +
	A.4.2	Other Tier 2 Capital components and deductions	0	0	0	0	C 01.00 (r930,c010) + C 01.00 (r940,c010) +
	C 01.00 (r950,c010) + C 01.00 (r970,c010) +
							C 01.00 (r974,c010) + C 01.00 (r978,c010)
	A.4.3	Tier 2 transitional adjustments	0	0	0	0	C 01.00 (r880,c010) + C 01.00 (r900,c010) +
	C 01.00 (r960,c010)
OWN FUNDS	B	TOTAL RISK EXPOSURE AMOUNT	102,937	105,388	107,262	109,758	C 02.00 (r010,c010)	Articles 92(3), 95, 96 and 98 of CRR
REQUIREMENTS	B.1	Of which: Transitional adjustments included	31	30	13	13	C 05.01 (r010;c040)
	C.1	COMMON EQUITY TIER 1 CAPITAL RATIO (transitional period)	18.20%	18.33%	18.12%	18.01%	CA3 {1}	-
CAPITAL RATIOS (%)	C.2	TIER 1 CAPITAL RATIO (transitional period)	20.52%	20.53%	20.34%	20.73%	CA3 {3}	-
Transitional period
	C.3	TOTAL CAPITAL RATIO (transitional period)	23.29%	22.97%	23.43%	23.29%	CA3 {5}	-
CET1 Capital	D	COMMON EQUITY TIER 1 CAPITAL (fully loaded)	18,440	18,973	19,176	19,488	[A.1-A.1.13-A.1.21+MIN(A.2+A.1.13-
A.2.2-A.2.4+MIN(A.4+A.2.2-	-
Fully loaded
						A.4.3,0),0)]
CET1 RATIO (%)	E	COMMON EQUITY TIER 1 CAPITAL RATIO (fully loaded)	17.92%	18.01%	17.88%	17.76%	[D.1]/[B-B.1]	-
Fully loaded1
	F	Adjustments to CET1 due to IFRS 9 transitional arrangements	290	343	259	281	C 05.01 (r440,c010)
	F	Adjustments to AT1 due to IFRS 9 transitional arrangements	0	0	0	0	C 05.01 (r440,c020)
Memo items
	F	Adjustments to T2 due to IFRS 9 transitional arrangements	0	0	0	0	C 05.01 (r440,c030)
	F	Adjustments included in RWAs due to IFRS 9 transitional arrangements	31	30	13	13	C 05.01 (r440,c040)

(1)The fully loaded CET1 ratio is an estimate calculated based on bank's supervisory reporting. Therefore, any capital instruments that are not eligible from a regulatory point of view at the reporting date are not taken into account in this calculation.

Fully loaded CET1 capital ratio estimation is based on the formulae stated in column "COREP CODE" - please note that this might lead to differences to fully loaded CET1 capital ratios published by the participating banks e.g. in their Pillar 3 disclosure

	202009		202012	202103	202106
	2021 EU-wide Transparency Exercise
	Overview of Risk exposure amounts
	Danske Bank A/S
					RWAs
(mln EUR, %)		As of 30/09/2020	As of 31/12/2020		As of 31/03/2021	As of 30/06/2021	COREP CODE
								C 02.00 (r040, c010) -[C 07.00 (r090, c220, s001) + C 07.00 (r110, c220, s001)+ C 07.00 (r130, c220, s001)
Credit risk (excluding CCR and Securitisations)1			80,338	82,666		83,592	86,272	+ C 08.01 (r040, c260, s001) + C 08.01 (r050, c260, s001) + C 08.01 (r060, c260, s001) + C 08.01 (r040,
			c260, s002) + C 08.01 (r050, c260, s002,) + C 08.01 (r060, c260, s002)]-[ C 02.00 (R470, c010)] - C
								02.00 (R460, c010)]
								C 02.00 (r060, c010)-[C 07.00 (r090, c220, s001) + C 07.00 (r110, c220, s001)+ C 07.00 (r130, c220,
Of which the standardised approach			17,539	18,687		20,750	23,305	s001)]
								C 02.00 (R250, c010) - [C 08.01 (r040, c260, s002) + C 08.01 (r050, c260, s002) + C 08.01 (r060, c260,
Of which the foundation IRB (FIRB) approach			3,125	3,110		3,062	3,101	s002)]
								C 02.00 (R310, c010) - [C 08.01 (r040, c260, s001) + C 08.01 (r050, c260, s001) + C 08.01 (r060, c260,
Of which the advanced IRB (AIRB) approach			58,403	59,599		58,247	58,292	s001)]
								C 02.00 (R420, c010)
Of which equity IRB			0	0		0	0
								C 07.00 (r090, c220, s001) + C 07.00 (r110, c220, s001)+ C 07.00 (r130, c220, s001) + C 08.01 (r040,
Counterparty credit risk (CCR, excluding CVA)2			4,604	4,459		4,027	4,159	c260, s001) + C 08.01 (r050, c260, s001) + C 08.01 (r060, c260, s001) + C 08.01 (r040, c260, s002) + C
								08.01 (r050, c260, s002,) + C 08.01 (r060, c260, s002) + C 02.00 (R460, c010)]
								C 02.00 (R640, c010)
Credit valuation adjustment - CVA			650	610		473	712
								C 02.00 (R490, c010)
Settlement risk			0	0		0	1
								C 02.00 (R470, c010)
Securitisation exposures in the banking book (after the cap)			130	137		144	143
								C 02.00 (R520, c010)
Position, foreign exchange and commodities risks (Market risk)			5,211	5,363		6,856	6,206
								C 02.00 (R530, c010)
Of which the standardised approach			30	31		35	52
								C 02.00 (R580, c010)
Of which IMA			5,181	5,332		6,821	6,154
								C 19.00_010_601*12.5+C 20.00_010_450*12.5+MAX(C 24.00_010_090,C 24.00_010_100,C
								24.00_010_110)*12.5
Of which securitisations and resecuritisations in the trading book		0	0		0	0
								C 02.00 (R680, c010)
Large exposures in the trading book			0	0		0	0
								C 02.00 (R590, c010)
Operational risk			9,857	9,772		9,777	9,778
								C 02.00 (R600, c010)
Of which basic indicator approach			0	0		0	0
								C 02.00 (R610, c010)
Of which standardised approach			9,857	9,772		9,777	9,778
								C 02.00 (R620, c010)
Of which advanced measurement approach			0	0		0	0
								C 02.00 (R630, c010) + C 02.00 (R690, c010)
Other risk exposure amounts			2,147	2,382		2,394	2,487
Total			102,937	105,388		107,262	109,758
1 The positions "of which" are for information and do not need to sum up to Credit risk (excluding CCR and Securitisations)

2 On-balance sheet exposures related to Free Deliveries [according to Article 379(1)] have not been included in 'Counterparty Credit Risk (CCR, excluding CVA)'. They are instead reported in the 'Credit Risk (excluding CCR and Securitisations)' section.