KommuneKredit announces Annual Report 2017

The Board of Directors of KommuneKredit have today approved the Annual Report for 2017.

 

CEO Jens Lundager states: “KommuneKredit emerged from 2017 wiith a satisfactory result. KommuneKredit does not pay dividends to our members, and the association’s earnings only need to cover expenses and ensure an adequate equity ratio. Thus, our profitability translates into low lending rates for our clients.”

 

Preliminary announcement of Financial Statement 2 March 2018

 

Annual Report 2017

 

High_Adobe_RGB_1998_JPG