Y - Historische Gesellschaft der Deutschen Bank e.V.

Small Personal Loans (PKK) and Instalment Loans (PAD) which are shown under advances
continued to expand. In comparison to the preceding year, the number of newly-granted loans
of this type rose by 10.4 per cent.
Also long-term lendings continued to expand. Lendings for periods of a minimum of
4 years - Long-Term-Lendings - increased by DM 71.6 million to DM 802.8 million. Two-fifths
of this amount were financed by borrowing funds earmarkcd for specific purposes. Most of
the funds were obtained from the KREDITANSTALT FÜR WIEDERAUFI~AU and passed on to our
customers on the terms fixed by that institution.
Claims on associated companies mainly refer to current cxedits extended to affiliated
instalment credit institutions,
Provision against all discernible risks in the credit business was made by the formation of
reserves and value adjustments. For non-discernible risks we have formed the prescribed
global value adjustment.
The following is a breakdown of the credit volume:
December 3 I, I 964 December 3 I, I 963
Discounts .............. DM 3,207.0 million = 3 2.2 % D~I 2,826. I million = 3 I .2 %
Advances . ............... DM j ,929.2 million - 5 9.7 % DM 5,499.7 million = 60.7
Long-Term Lendings ...... DM 802.8 million = 8. I 0/, DM 73 I. 2 million - 8. I o/,
DM 9,939.0 million = 100.0 DM 9,0j 7.0 million - 100.0 %
On an annual average, however, borrowing from the Bank amounted to DM 9.4 billion
against DM 9.0 billion in I 963.
OE total credits outstanding at the end of thc year, the following percentages were
utilized by the industries listed hereafter :
1964 1963
Ironworking, non-ferrous products, iron, steel and meta1 foundries,
. .
mining ...................................................... 8.2 % 7.6 %
Steel and iron construction, engineering, vehicle and shipbuilding .... I I. I % I x .9 %
Chemical and pharmaceutical industry ............................ 3 .O % 2.6 %
Elcctrical equipment, prccision instruments, optical goods .......... 4.4 % 4.9 %
Hardware, plastics processing .................................. 4.2 % 4.0 %
Building and wood processing .................................. 4.3 % 4.2 %
Foodstuffs, beverages, and tobacco .............................. r.oCX 5.4%
Textiles and clothing .......................................... 7.7 % 7.9 %
Paper ...................................................... 1.6% 1.7%
Miscellaneous industries ...................................... 4.8 % 4.5 %
Trade ......................................................
Other borrowews (incIuding small personal loans, instalment Ioans,
20.2% 21.0%
andbanks . .................................................. 25.5% 24.3%
100.0 % 100.0 %