Skjern Bank Annual Report 2011

Skjern Bank A/S 

09.02.2012 08:24
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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
News Source: NASDAQ OMX



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Language:     English
Company:      Skjern Bank A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010295922
WKN:          
 
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