Annual Report 2014 Nordjyske Bank Jernbanegade 4-8 DK-9900 Frederikshavn Telephone +45 9633 5000
[email protected] www.nordjyskebank.dk CVR: 30828712 BIC/SWIFT ebandk22 Annual Report 2014 • page 2 Contents Contents – Annual Report 2014 Page Management Report 2014 ........................................................................ 4 The year’s result ................................................................................... 4 Activities in the bank in 2014 ................................................................ 8 Development in the bank’s staff ............................................................ 9 Development in North Jutland ............................................................. 10 Main activities in Nordjyske Bank ....................................................... 10 Expectations for 2015 ......................................................................... 11 Purchase bid for all shares in Nørresundby Bank ............................... 12 Risk and risk management ................................................................. 12 Credit risk ............................................................................................ 13 Other risks .......................................................................................... 19 Liquidity ............................................................................................... 20 Capital................................................................................................. 21 The Supervision Diamond ..................................................................