Satisfactory development and acceptable operating profit in Skjern Bank
- Annual profit before tax DKK 10.7 million
- Core earnings add up to DKK 81.4 million
- Devaluation of loans DKK 52.2 million
- Loans and deposits from customers at current levels
- Solvency 15.8 % and individual solvency requirements 11.5 % = 137 % coverage
- Solid liquidity reserves of DKK 819 million, corresponding to 159.8 %
- Continued high customer satisfaction and loyalty to the bank
- Danish Financial Supervisory Authority on standard functional examination
- Core profit in 2012 is expected in range of DKK 80 – 95 million
Kind regards
Hans Ladekjær Jeppesen Per Munck
Chairman of Board Banking executive
If any questions please contact Per Munck at 21 73 30 04
