In just 2 years Max Bank has doubled in size, and this applies whether measured by the size of the bank's balance sheet, its business volume, its net pre-tax profit or the bank's market value. Total business volume increased by 48% to DKK 14.6 billion Continued strong growth: +56% on loans, +35% on guarantees, +12% on deposits and +72% on account portfolio Net interest- and fee income, particularly affected by the business and investment area, increased by 24% to DKK 225 million DKK 14 million entered to income from loan losses compared with an expense of DKK 5 million last year Positive value adjustments for a total of DKK 49 million, of which DKK 28 million stem from Totalkredit and sector-related companies Historic pre-tax profit of DKK 112 million - increase of 50% compared with 2005 Return on equity before tax estimated at 27.2% Total return on the Max Bank share of 61%
Max Bank doubled in 2 years
| Source: Max Bank A/S