Jyske Bank: Financial Statements 2010 - Interview with Anders Dam

February 22, 2011

For the fourth quarter of 2010, Jyske Bank realised a pre-tax profit of DKK 402m. This means the profit for the year came to just above DKK 1bn.

Loan impairment charges came to DKK 279m and fell for the fourth consecutive quarter. Jyske Bank's impairment charges for the full year 2010 came to just below DKK 1.6bn.

Net interest and fee income amounted to almost DKK 1.5bn in the fourth quarter – the highest level in 2010.

On the other hand, trading income was flagging and expenses increased.

CEO Anders Dam comments on the Financial Statements, Bank Package III, Amagerbanken and the 2011 outlook.

Click here to see a graphic representation of Jyske Bank’s 2010 Financial Statements.

Click here to read the actual Financial Statements.