Deutsche Bank (DBK GY) CFO says Q2 credit loss provisions will be lower sequentially, but slightly above consensus

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Deutsche Bank (DBK GY) CFO says Q2 credit loss provisions will be lower sequentially, but slightly above consensus

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  • The bank taking a hit of approximately EUR 100mln to exit non-performing exposures, Bloomberg reports
  • CFO says the resulting positive effect on the bank's capital ratio more than offsets the drag from the provisions.

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