Thursday, August 21, 2014

Savings Scania makes a large profit – Kristianstadsbladet

Savings Scania makes a large profit – Kristianstadsbladet



Kristianstad.
The newly formed Skåne Savings Bank has presented its financial statements for the first six months: A gain of € 365 million. Contributing to this borrowers with interest rates to the Bank of 255 million kronor.

Savings Skåne, formed after 1826 merged with Mince & amp; Defrost Savings Bank, reported a profit equal to the owners in mind for the first half.

Some large items have affected the results, as it expenses of SEK 36 million and administrative expenses of 46 million.

The most revenue for the bank’s interest income. From lending to the public, the Bank has received SEK 255 million, and from securities 33,800,000. Lending to credit has given 3.8 million in revenue, and the derivatives they have lost 8 million.

At the same time, the Bank has incurred costs for interest rates. Spending for deposit to the general public is 64.9 million and total they have had interest expenses of 73.1 million. It gives the bank a net interest income of SEK 211 million.

The difference between what the bank earns on deposits and lending to the public is about 190 million.

In addition, the bank has had fee income of 51 million crowns for mortgages.

As Swedbank Skåne is new, there are no previous financial reports to compare with. However listed in the box the results previously Savings Bank in 1826 showed for the full years 2013 and 2012 Readers should remember that it is related to a much smaller bank, and full-year results.

there are also half-year information for Mince & amp; Defrost, which is the Savings Bank Skåne compare with in their accounts.

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