Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) has been informed by the European Central Bank (ECB) of its decision on prudential capital requirements with effect from January 1, 2027. These requirements follow the 2026 Supervisory Review and Evaluation Process (SREP).
From this date, Deutsche Bank will be required to hold a Pillar 2 requirement (P2R) of 2.60% for solvency purposes which is 25 basis points lower than the requirement in 2026, following a 5 basis points reduction in the 2025 SREP. The Pillar 2 requirement for the leverage ratio (P2R-LR) of 10 basis points remains unchanged.
Deutsche Bank's 2027 requirements are as follows:
Deutsche Bank's last reported consolidated capital ratios, as of June 30, 2026, were significantly above the supervisory requirements prevailing at that time and those which will apply in 2027.
These requirements set the levels below which Deutsche Bank would be required to calculate a Maximum Distributable Amount (MDA). The MDA is used to determine restrictions on distributions, notably dividends on common shares, new variable remuneration and coupon payments to holders of Additional Tier 1 instruments.