Deutsche Bank CEO expects revenue of 25 billion euros in 2022

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Posted on: Thursday, October 28, 2021 – 8:23 AM | Last update: Thursday, October 28, 2021 – 8:23 AM

In a telephone conversation with analysts, the CEO of German banking group “Deutsche Bank”, Christian Zeffing, expressed confidence that the group will generate revenues of at least 25 billion euros next year.

And the Bloomberg News Agency quoted Zifeng his expectations today, Wednesday, for a strong performance of investment banking in the long term.

Zifeng also expected revenue generation in the private banking sector for retail clients, driven by lending activity and the shifting interest rate curve.
Deutsche Bank, the largest commercial bank in Germany, announced earlier today that its net profit during the third quarter of this year increased by 6% annually to 329 million euros.
The bank stated that its pre-tax profit rose 15% annually to 554 million euros, after accounting for an additional 583 million euros in transfer fees. The bank’s core banking profit before tax was 898 million euros, the same level as last year’s profit.

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