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Nordea Kredit Realkreditaktieselskab – Year-end Report 2019 Company announcement no 10, 2020

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Nordea Kredit Realkreditaktieselskab today presented the attached Year-end Report 2019 with the following key points:

  • Lending volumes at nominal value increased by 3% to DKK 398bn at end-2019 (2018: DKK 387bn).
  • All-time high remortgaging activity in 2019 due to the lower interest rate level.
  • A record-high number of customers chose to remortgage on-line through the eBolig portal.
  • Improved customer experience in front line as well as by improving the digital customer journey.
  • Green mortgage loans are now offered to corporate customers.
  • Net profit for the year was up by 16% to DKK 1,850m (2018: DKK 1,593m). Net profit increased 7% excluding the negative transition effect in 2018 due to new impairment rules.
  • Impairment losses on loans remained at a low level of DKK 6m (2018: DKK 35m excluding the negative transition effect related to the new impairment rules).

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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Nordea Kredit Realkreditaktieselskab

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