BRFkredit Bank a/s

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BRFkredit Bank a/s Logo

Address

Klampenborgvej 205, 2800, Kongens Lyngby, Denmark

BIC

n/a

Overview

Category

Commercial banks

Business Focus

housing financing

BRFkredit Bank is a Danish mortgage credit institution lending against collateral on owner-occupied homes, commercial properties and subsidised housing. BRFkredit bank was owned by Jyske Bank. On 30 April 2014, the merger between Jyske Bank and BRFkredit Bank was completed.

Performance

In 2014, BRFkredit Bank a/s achieved the position of 32nd largest bank in Denmark with a market share of 0.08%; its total assets dropped by 9.70%.

Additionally, the bank became the 83rd profitable bank in relation to its total assets showcasing -2.60% return on assets and -17.49% return on equity in 2014.

Deposit Protection

Deposits up to 100,000 EUR are covered by Danish deposit guarantee scheme in BRFkredit Bank a/s.

Financials

Total Assets of BRFkredit Bank a/s
Net_income of BRFkredit Bank a/s
Market Share of BRFkredit Bank a/s
Total Assets (2014)
6,256.05 mln DKK   (-9.70%)
Net Income (2014)
-171,145,000.00 DKK   (+196.81%)

BRFkredit Bank a/s was the 32nd largest bank in Denmark in terms of total assets. In 2014 its total assets were 6 256,05 mln DKK, providing the bank with the market share of 0.08%. In 2014 the bank's net income was -171,15 mln DKK.

Deposit Guarantee

Guarantee Fund
Finansiel Stabilitet
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons
legal entities
Covered Accounts
cash deposits

BRFkredit Bank a/s participates in the deposit guarantee scheme of Denmark which applies to cash deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. BRFkredit Bank a/s is a member of Finansiel Stabilitet and makes its contributions into it.

See Also

Contacts

addressKlampenborgvej 205, 2800, Kongens Lyngby, Denmark

BRFkredit Bank a/s was headquartered in Kongens Lyngby.

Bank Identifiers

MFI ID
DK006482

Bank Supervision

Supervised By
Danish Financial Supervisory Authority

BRFkredit Bank a/s was authorized and supervised by the Danish Financial Supervisory Authority.

Bank History

Close Date
April 2014
Previous Name
BRFbank A/S
Flag of Denmark

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