Published: 2020-02-06 09:05:00 CET
Nordea Kredit Realkreditaktieselskab – Year-end Report 2019 Company announcement no 10, 2020
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

  · 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

Year-end Report 2019 Nordea Kredit Realkreditaktieselskab.pdf