Impairment of corporate loans

In 2009, impairments of corporate loans were EUR 59 million compared to EUR 42 million in 2008. This is a consequence of the continued difficult market circumstances. The level of impairments of corporate loans in the second half of 2009 was significantly lower than in the first half, but we continue to remain prudent regarding the impact of potential future impairments as a result of the volatile economic environment. The impairment in 2009 amounts to 0.7% of corporate loan exposure (2008: 0.5%).