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Nykredit's Profit Falls Despite Increasing Interest Income
Summary by Politiken
4 Articles
4 Articles
BT+2 Reposted by 2 other sources
Nykredit's income from interest and fees has increased, but one-off income last year means a decline in earnings.
·Borås, Sweden
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Nykredit comes out of the second quarter with a profit of DKK 3.2 billion after tax. This is shown in the financial giant's consolidated financial statements, which were published on Wednesday morning. In comparison, Nykredit, which makes its living by operating a bank and mortgage institution, had earned DKK 3.3 billion in the same period last year.
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