In a stock exchange announcement dated 17 November 2011, Nykredit expressed a wish to raise the administration margin of existing mortgage loans to retail customers to the same level as that of Totalkredit subject to approval by the Danish competition authorities.
The Danish competition authorities have today approved that Nykredit raises the administration margin of mortgage loans to retail customers from 0.50% to 0.55% for fixed-rate repayment loans and to 0.60% for all other types of loan.
Administration margins will be raised with effect from 1 April 2012.
Contacts:
Nels Petersen, Head of Corporate Communications, tel +45 44 55 14 70 /+45 20 22 22 72.
