Pre-tax profits for the first half of 2008 amount to DKK 132m, compared to DKK 149m for the same period last year. As a result of vestjyskBANK's stringent credit policy over many years and its focus on maintaining a diversified and conservative loan portfolio, the quality of the Bank's loan portfolio is high. Hence, impairment charges for the first half of 2008 stand at merely 0.07%. As at 30 June 2008, the distribution of the Bank's loans and advances is 24% for retail and 76% for corporate banking customers. Only approximately 17% of the Bank's loans and advances have been issued to the property sector, and these are widely diverse in terms of type, size and geographical distribution. Business volume has increased from DKK 26.4bn in the first half of 2007 to DKK 29.7bn in the first half of 2008. The Bank maintains expectations for a profit for the year before tax of DKK 275m.