Pre-tax profit of DKr2,344m for the first nine months of 2006

Realkredit Danmark today published its report for the first nine months of 2006. Highlights are shown below:

• The Realkredit Danmark Group recorded a pre-tax profit of DKr2,344m for the first nine months of 2006, against DKr2,502m for the same period in 2005. The result was in line with expectations.
• Income totalled DKr3,126m, against DKr3,326m in the first nine months of 2005.
• In the first nine months of the year, the outstanding nominal bond debt on mortgage lending rose by DKr35bn to DKr598bn.
• The Group’s market share of net new lending rose to 29.5% in the first nine months of 2006 from 27.5% in 2005. The market share of the loan portfolio was 32.8% at September 30, 2006, against 33.4% at the end of 2005.
• For 2006, the pre-tax profit is still expected to be at around the same level as in 2005.