Second, loans are not the only assets on banks' balance sheets; indeed, in recent quarters, growth in these other assets has been particularly slow – slower than both credit and deposits (Graph 8). So deposit growth has more than matched the growth in total assets. https://www.rba.gov.au/speeches/2018/sp-ag-2018-09-19.html  11/16  20/09/2018  Money – Born of Credit?
This greater level of risk provisioning is the main reason why the Bundesbank is posting a balanced annual result for 2020 and – for the ﬁrst time since 1979 – will not distribute any proﬁt. 12/13  Mr Beermann will now discuss individual items of the annual accounts in more detail. Footnotes: 1.