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Gjensidige Bank Boligkreditt interim report Q3 2014
[October 21, 2014]

Gjensidige Bank Boligkreditt interim report Q3 2014


(Oslo Bors Newsfeed Via Acquire Media NewsEdge) The interim report for Q3 2014 has been approved by the Board of Directors.

The complete report is attached.

Key figures 1. July - 30. September NOK thousand 2014 2013 Net interest income 30,721 32,402 Total income 31,180 35,804 Total operating expenses -2,080 -2,004 Profit before loss 29,100 33,801 Write-downs on loans 462 -1,039 Profit before tax 29,562 32,761 Tax expense -7,982 9,173 Profit for the period 21,581 23,588 Loans to customers 9,881,365 9,833,793 Total equity 769,999 667,898 Total assets 10,558,697 10,744,305 Debt incurred through issue of 7,548,000 8,200,000 Covered Bonds (par value) Core capital 695,260 613,490 Core capital ratio 17.1% 15.5% Average loan to value ratio 53.4% 54.4% This information is subject to disclosure under the Norwegian Securities Act section §5-12.



Managing director Jan Kåre Raae, Phone ( 47) 950 36 050 Gjensidige Bank Boligkreditt AS is a wholly owned subsidiary of Gjensidige Bank ASA. Gjensidige Bank ASA is a wholly-owned subsidiary of Gjensidige Bank Holding AS, which in turn is a wholly-owned subsidiary of Gjensidige Forsikring ASA.

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