Published: 2019-02-06 10:10:00 CET
Nordea Kredit Realkreditaktieselskab
Financial Statement Release
Nordea Kredit Realkreditaktieselskab – Year-end Report 2018 and appointment of an interim Chief Executive Officer. Company announcement no 13, 2019
Nordea Kredit Realkreditaktieselskab today appointed deputy Chief
Executive
Officer Claus H. Greve as interim Chief Executive Officer until the
recruitment
of a new Chief Executive Officer has been finalized. At the same
time the
present Chief Executive Officer Peter Smith leaves Nordea as mentioned
6
December 2018 in the company announcement no. 124.

The Executive Management
in Nordea Kredit Realkreditaktieselskab then consist of
Claus H. Greve (interim
CEO) and Kamilla Hammerich Skytte (Deputy CEO).

Further Nordea Kredit
Realkreditaktieselskab presented the attached Year-end
Report 2018 with the
following key points:

  · High focus on enhanced customer experience and new
digital services.
  · Net profit excluding the IFRS 9 transition effect was DKK
1,733m (DKK
1,750m). Including the transition effect, net profit was DKK
1,593m
  · Total staff and administrative expenses were down by 9% to DKK 286m
(DKK
314m) driven by strong cost focus.
  · Lending volumes at nominal value
increased by 1% to DKK 387bn at end-2018
(DKK 384bn).
  · Continued high credit
quality and loan losses at a low level.

For further information:

Stine Wind,
Communication DK, +45 70 80 11 62.

Nordea Kredit
Realkreditaktieselskab
Helgeshøj Allé 33
PO Box 850
DK-0900 Copenhagen
C
nordeakredit.dk

We build strong and close relationships through our
engagement with customers
and society. Whenever people strive to reach their
goals and realise their
dreams, we are there to provide relevant financial
solutions. We are the largest
bank in the Nordic region and among the ten
largest financial groups in Europe
in terms of total market capitalisation with
around 11 million customers. The
Nordea share is listed on the Nasdaq
Stockholm, Nasdaq Helsinki and Nasdaq
Copenhagen exchanges. Read more about us
on nordea.com.

 


Year-end Report 2018 Nordea Kredit Realkreditaktieselskab.pdf