Jyske Bank's consolidated Interim Report - first nine months of 2010

Summary:

Profit before tax and contribution to the Danish private contingency association: DKK 1,127M (2009: DKK 1,077M)

Interview with Anders Dam

  • Contribution to the Danish Private Contingency Association (DPCA), etc. in the third quarter: DKK 299m
  • Total contribution to the DPCA since 1 October 2008: DKK 1,353m.
  • Profit before tax: DKK 601m (2009: DKK 627m)
  • Net interest and fee income: DKK 4,472m (2009: DKK 4,203m).
  • Loan impairment charges and provisions for guarantees under core earnings: DKK 1,302m (2009: DKK 1,473m)
  • Loss on loans, advances and guarantees, etc: DKK 570m (2009: DKK 796m)
  • Balance of loan impairment charges: DKK 4,448m (2009: DKK 2,496m)
  • Earnings from investment portfolios: DKK 364m (2009: DKK 309m)
  • The fair value of the “held-to-maturity portfolio” exceeded the carrying amount by DKK 217m
  • Solvency ratio 15.6%, Tier-1 capital 13.9% and core capital exclusive of hybrid core capital 12.3%
  • Liquidity reserve: DKK 55bn
  • In the third quarter Jyske Bank issued long-term notes at attractive prices under the EMTN programme