Financial Strategy and Ecosystem Platform Expansion
Balance sheet de-risking results in a smaller but safer loan book
Net Loans: Non-legacy1 vs Legacy
€ bn
Interest Income on Loans: Non-legacy¹ vs Legacy
€ mn
15.62
36%
5.64
83
10.73
1.79
82
10.36
10.01
10.06
9.81
77
79
76
1.36
0.73
0.68
0.44
4%
16
17
10
10
7
64%
9.98
8.94
9.00
9.28
9.38
9.37
96%
•
Dec 16
Dec 19
Dec 20
Sep 21
Dec 21
Legacy
Non-legacy 1
Dec 21
pro forma
for HFS
Lower but higher quality income resulting from balance sheet de-risking
Interest income of non-legacy1 book increased to €69 mn reflecting increased volume of loans
•
Interest income of legacy book remained flat qoq at €10 mn
•
Interest on Net NPEs not received in cash, fully provided
1) Gross loans of Corporate (incl. IB and W&M and Global Corporate), SME, Retail, and H/O
20
67
65
20
67
69
69
1Q2021
2Q2021
3Q2021
4Q2021
Legacy
Non-legacy¹
69
4Q2021
pro forma
for HFS
64
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