Nordea Kredit Realkreditaktieselskab – Interim Report January-June 2019 Company announcement no 74, 2019
Nordea Kredit Realkreditaktieselskab today presented the attached Interim Report January-June 2019 with the following key points:
- Nordea Kredit continued the work to enhance the digital value proposition further to improve the customer experience.
- Profit before tax was up by 24% to DKK 1,080m (DKK 873m for the first half of 2018). Profit before tax increased 3% excluding the transition effect in the first half of 2018 related to the new impairment rules.
- Commission income was up by 9% compared to the first half of 2018 following higher remortgaging activity.
- Lending volumes at nominal value increased by 1% to DKK 390bn (DKK 387bn at end-December 2018).
- Impaired loans continued at a low level of DKK 4m.
For further information:
Stine Green Paulsen, Communication DK, +45 70 80 11 62
Nordea Kredit Realkreditaktieselskab
Helgeshøj Allé 33
PO Box 850
DK-0900 Copenhagen C
nordeakredit.dk
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