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DGAP-UK-Regulatory: Interim Report Q1-Q3 2013



DGAP-UK-Regulatory: Interim Report Q1-Q3 2013

Sydbank A/S  / 3rd Quarter Results

29.10.2013 13:26

Dissemination of a UK Regulatory Announcement, transmitted by
DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Aabenraa, Denmark, 2013-10-29 13:26 CET (GLOBE NEWSWIRE) --
The Sydbank Group has recorded a profit before tax of DKK 616m. The result is
considered satisfactory given the trend in the economy. The performance meets
the expectations at the beginning of the year. Profit before tax equals a
return of 8.0% p.a. on average shareholders' equity. The result is
characterised by: 

  -- 4% decrease in core income
  -- 24% decrease in trading income
  -- Unchanged costs (core earnings)
  -- DKK 225m decline in impairment charges for loans and advances
  -- Investment portfolio earnings of DKK 277m
  -- Unchanged bank loans and advances of DKK 67.4bn
  -- 7% increase in deposits to DKK 68.1bn
  -- Core capital ratio, incl hybrid core capital, of 16.5%.

Click on, or paste the following link into your web browser, to view the
associated documents

https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmen
tId=448759

News Source: NASDAQ OMX



29.10.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:           English
Company:            Sydbank A/S
                    
                     
                    Denmark
Phone:              
Fax:                
E-mail:             
Internet:           
ISIN:               DK0010311471
Category Code:      QRT
LSE Ticker:         0G6U
Sequence Number:    1733
Time of Receipt:    Oct 29, 2013 13:26:27
 
End of Announcement                             DGAP News-Service
 
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