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DeutscheBankMarketsResearchEmergingMarketsCEEMEACross-DisciplineDate20February2018EMEAMonthlyIncreasedResilienceinStormyWeather________________________________________________________________________________________________________________DeutscheBankAG/LondonDISCLOSURESANDANALYSTCERTIFICATIONSARELOCATEDINAPPENDIX1.MCI(P)083/04/2017.ElinaRibakovaChiefEconomist(+44)207547-1340elina.ribakova@db.comKubilayOzturkChiefEconomist(+90)2123170124kubilay.ozturk@db.comDaneleeMasiaEconomist(+27)11775-7267danelee.masia@db.comChristianWietoskaStrategist(+44)20754-52424christian.wietoska@db.comGautamKalani,Ph.D.Strategist(+44)20754-57066gautam.kalani@db.comHimanshuPorwalResearchAnalyst(+44)20754-74234himanshu.porwal@db.comCarlosGalindoResearchAnalyst(+44)20754-76269carlos.galindo@db.comRebeccaKlausenStrategist+44(20)754-5517