Topics: Annual and interim reports

Borgring Viking Castle (Visualisation: LOOP Architects)

KommuneKredit announces satisfactory 2024 result

KommuneKredit looks back on a satisfactory 2024, where the expansion of the district heating system across the nation has had a significant impact on the net lending of DKK 6.2 billion. 2024 was also the year when KommuneKredit celebrated its 125th anniversary, marking a business model that has proven resilient since the issuance of the first loan in 1899.
A loan for the new Borgring Viking Cas

KommuneKredit has announced Interim report for first half 2024

KommuneKredit has announced Interim report for first half 2024

Summary

• Profit before value adjustments and tax came to DKK 230 million, a year-on-year increase of DKK 143 million.
• Total net interest income for the first half of 2024 was DKK 336 million, up DKK 145 million from the year-earlier level.
• The value of total loans and leases rose by DKK 3.6 billion from end-2023 to DKK 190.7 billion at 30 June 2024, primarily because the increase

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