Jyske Bank makes organisational change to strengthen focus on clients

August 21, 2012

The interim financial statements for the first half of 2012 issued by Jyske Bank today confirmed the figures announced earlier. At the same time, Jyske Bank announced a major organisational change as well as expanded cooperation with BRF.
Anders Dam, CEO and Managing Director, comments on Jyske Bank’s official interim financial statements for the first half of 2012, which were announced earlier today. The financial statements confirm the preliminary figures announced about a month ago.
They revealed a pre-tax loss of DKK 209m for the first half of the year. The results were strongly affected by the Danish FSA’s new increasingly tighter impairment rules, which – as is well known – to Jyske Bank meant one-off impairment charges in the amount of DKK 900m.
However, if we look at the period including July, Jyske Bank again reports a positive bottom line. In July alone, Jyske Bank generated a pre-tax profit of DKK 251m.
Today, in connection with the interim financial statements, Jyske Bank also announced a major organisational change that will strengthen the Bank’s client focus.
At the same time, Jyske Bank announced that it expands its cooperation with BRF in the corporate area. 

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