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Grønlandsbanken är en grönländsk bank som erbjuder finansiella tjänster. Banken tillhandahåller huvudsakligen traditionella tjänster för lånefinansiering, kapitalförvaltning och försäkringsfrågor, både inriktade mot privat- och företagskunder. En stor del av tjänsterna erbjuds digitalt. Bolaget grundades 1967 och har sitt huvudkontor på grönländska Nuuk.

Kalender

2022-11-02 Kvartalsrapport 2022-Q3
2022-08-17 Kvartalsrapport 2022-Q2
2022-05-10 Kvartalsrapport 2022-Q1
2022-03-29 Årsstämma 2022
2022-03-02 Bokslutskommuniké 2021
2021-11-03 Kvartalsrapport 2021-Q3
2021-08-18 Kvartalsrapport 2021-Q2
2021-05-11 Kvartalsrapport 2021-Q1
2021-03-25 Ordinarie utdelning GRLA 25.00 DKK
2021-03-24 Årsstämma 2021
2021-03-01 Bokslutskommuniké 2020
2020-10-29 Kvartalsrapport 2020-Q3
2020-08-19 Kvartalsrapport 2020-Q2
2020-05-06 Kvartalsrapport 2020-Q1
2020-03-26 Ordinarie utdelning GRLA 0.00 DKK
2020-03-25 Årsstämma 2020
2020-02-27 Bokslutskommuniké 2019
2019-10-31 Kvartalsrapport 2019-Q3
2019-08-20 Kvartalsrapport 2019-Q2
2019-05-08 Kvartalsrapport 2019-Q1
2019-03-28 Ordinarie utdelning GRLA 30.00 DKK
2019-03-27 Årsstämma 2019
2018-10-30 Kvartalsrapport 2018-Q3
2018-08-15 Kvartalsrapport 2018-Q2
2018-04-25 Kvartalsrapport 2018-Q1
2018-03-21 Ordinarie utdelning GRLA 30.00 DKK
2018-03-20 Årsstämma 2018
2018-02-22 Bokslutskommuniké 2017
2017-10-31 Kvartalsrapport 2017-Q3
2017-08-18 Kvartalsrapport 2017-Q2
2017-04-27 Kvartalsrapport 2017-Q1
2017-03-29 Ordinarie utdelning GRLA 55.00 DKK
2017-03-28 Årsstämma 2017
2017-02-28 Bokslutskommuniké 2016
2016-03-31 Ordinarie utdelning GRLA 55.00 DKK
2015-10-28 Kvartalsrapport 2015-Q3
2015-08-12 Kvartalsrapport 2015-Q2
2015-04-28 Kvartalsrapport 2015-Q1
2015-03-26 Ordinarie utdelning GRLA 55.00 DKK
2015-03-25 Årsstämma 2015
2015-02-17 Bokslutskommuniké 2014
2014-03-20 Ordinarie utdelning
2013-10-23 Kvartalsrapport 2013-Q3
2013-08-14 Kvartalsrapport 2013-Q2
2013-04-23 Kvartalsrapport 2013-Q1
2013-03-21 Ordinarie utdelning
2013-03-20 Årsstämma 2013
2013-02-19 Bokslutskommuniké 2012
2012-03-22 Ordinarie utdelning
2012-02-14 Bokslutskommuniké 2011
2011-10-26 Kvartalsrapport 2011-Q3
2011-08-17 Kvartalsrapport 2011-Q2
2011-05-04 Kvartalsrapport 2011-Q1
2011-03-24 Ordinarie utdelning
2011-03-23 Årsstämma 2011
2011-02-15 Bokslutskommuniké 2010
2010-10-27 Kvartalsrapport 2010-Q3
2010-08-11 Kvartalsrapport 2010-Q2
2010-04-28 Kvartalsrapport 2010-Q1
2010-03-25 Ordinarie utdelning
2010-03-24 Årsstämma 2010
2010-02-17 Bokslutskommuniké 2009
2009-10-28 Kvartalsrapport 2009-Q3
2009-08-12 Kvartalsrapport 2009-Q2
2009-04-29 Kvartalsrapport 2009-Q1
2009-03-26 Ordinarie utdelning
2009-03-25 Årsstämma 2009
2009-02-11 Bokslutskommuniké 2008
2008-10-29 Kvartalsrapport 2008-Q3
2008-08-13 Kvartalsrapport 2008-Q2
2008-04-30 Kvartalsrapport 2008-Q1
2008-04-03 Ordinarie utdelning
2008-04-02 Årsstämma 2008
2008-02-13 Bokslutskommuniké 2007
2007-11-01 Kvartalsrapport 2007-Q3
2007-08-15 Kvartalsrapport 2007-Q2
2007-05-02 Kvartalsrapport 2007-Q1
2007-03-29 Ordinarie utdelning
2007-03-28 Årsstämma 2007
2007-02-14 Bokslutskommuniké 2006
2006-11-01 Kvartalsrapport 2006-Q3
2006-08-09 Kvartalsrapport 2006-Q2
2006-05-02 Kvartalsrapport 2006-Q1
2006-03-30 Ordinarie utdelning
2006-03-29 Årsstämma 2006
2006-02-11 Bokslutskommuniké 2005
2005-11-02 Kvartalsrapport 2005-Q3
2005-08-12 Kvartalsrapport 2005-Q2
2005-04-27 Kvartalsrapport 2005-Q1
2005-04-07 Ordinarie utdelning
2005-04-06 Årsstämma 2005
2005-02-16 Bokslutskommuniké 2004
2004-10-26 Kvartalsrapport 2004-Q3
2004-08-11 Kvartalsrapport 2004-Q2
2004-04-27 Kvartalsrapport 2004-Q1
2004-04-01 Ordinarie utdelning
2004-03-31 Årsstämma 2004
2004-02-17 Bokslutskommuniké 2003
2003-10-17 Kvartalsrapport 2003-Q3
2003-08-19 Kvartalsrapport 2003-Q2
2003-04-22 Kvartalsrapport 2003-Q1
2003-04-09 Ordinarie utdelning
2003-04-08 Årsstämma 2003
2003-02-25 Bokslutskommuniké 2002
2021-03-01 18:05:05

Satisfactory performance in an extraordinary year

In 2020, the BANK of Greenland achieved a profit before tax of DKK 130.9 million, compared to DKK 150.5 million in 2019. The profit is thereby at the high end of the most recently published interval of DKK 128-131 million before tax. The return on opening equity after dividend and before tax was 12.1% p.a., compared to 15.6% in 2019.

The Bank recommends to the Annual General Meeting that the dividend payment for 2020 is DKK 25 per share.

Profit before value adjustments and write-downs amounts to TDKK 143,590, compared to TDKK 148,874 in 2019.

Net interest and fee income increased by TDKK 3,006 compared to 2019, amounting to TDKK 326,513.

For the overall year, value adjustment of securities and currencies resulted in a gain of TDKK 136, compared to a gain of TDKK 9,585 in 2019.

Impairment of loans, etc. amounted to TDKK 12,828, which is TDKK 4,869 higher than for 2019. The year's write-downs include Covid-19 write-downs of DKK 20 million in addition to individually impaired exposures. The total impairment thus amounts to a modest 0.2% of the Bank's loans and guarantees.

Lending increased significantly to TDKK 4,006,248 Compared to 2019, this is an increase of TDKK 247,512, or 6.6%. Guarantees increased during the year, by TDKK 142,294 to TDKK 1,621,831.

Total loans and guarantees thereby increased very satisfactorily, by TDKK 389,806 in total to TDKK 5,628,079, and are thereby at the highest level in the Bank's history.

The BANK of Greenland's capital ratio amounted to 23.5 at end-2020, and the Bank has calculated the individual solvency requirement at 11.2%.

Outlook for 2021
The course of the economy in 2021 is still uncertain, as a consequence of Covid-19. The Bank’s activities will be affected negatively if the Covid-19 pandemic worsens or is significantly prolonged,  and will be affected positively if the negative effects diminish in the course of the year. On this basis, lending is only expected to increase moderately up to the end of the year.

Total core earnings are expected to increase in 2021, for which the primary reasons are the increased lending volume, the full impact of negative deposit interest rates, and the development in the Bank’s pension products.

Total expenses including depreciation and amortisation are expected to be moderately higher than in 2020. 

The Bank assesses that the quality of the loan portfolio is satisfactory. Write-downs for impairment of lending are therefore expected to continue to be at a low level.

In view of the continued low level of interest rates, moderate capital losses on the Bank’s bond portfolio must be expected, while capital gains are expected from the currency area and sector equities.

On this basis, a profit before tax at the level of DKK 115-135 million is expected, compared to DKK 130.9 million in 2020.