Q1-Q3/2019 highly 

satisfactory

"Our Q1-Q3 results presented today are highly satisfactory. More and more customers switch to Nykredit, resulting in customer growth in both Nykredit Bank and Totalkredit. At the same time, we have recorded growth in all core income items, and we have therefore raised our outlook for business profit by DKK 500 million. Our customer growth has been broad-based across the country. Together with our partner banks, we have in Totalkredit once again increased lending all across Denmark. Our lending to customers over 60 is also growing. This makes us proud, as it is our belief that affordable, secure loans should be available to all Danes, irrespective of where they want to live or their date of birth. Our customer growth gives us the opportunity to show even more Danes what a customer-owned financial provider can do for them. With Forenet Kredit as majority shareholder, we can share our success with our customers. In the first nine months of the year, we paid back more than DKK 1 billion to homeowners, businesses and agricultural customers." - Michael Rasmussen, Group Chief Executive.