Title:

DLR Kredit A/S

Price:$550.00
Publication Date:May 07, 2008
Report Type:Company Profile
Brief Excerpt:...Headquartered in Copenhagen, DLR Kredit A/S (DLR) previously focused on granting mortgage loans to the agricultural se ctor in Denmark its historical core business. Today, DLR caters to a wider client base. DLR was established by special law, as Dansk Landbrugs Realkreditfond, in #### at the initiative of the D anish Bankers Association. In #### DLR was transformed into a shareholding company. Its equity is ###% owned by ### regional and local Danish banks, which also originate up to ##% of DLR s loans. In addition, the owner banks have set up a collective guarantee scheme that comes into force in the event of DLR suffering losses exceed ing a given level. The guarantee scheme covers ##% of DLR s total loan portfolio. DLR s funding for its lending activity is exclusively via the issuance of bonds, and follows a strict matching principle betw een the volume of loans granted and the issuance of bonds. As of year-end ####, DLR s total lendin g amounted to DKK### billion...
Word Count:2420
Length:8 Pages
Issuer:DLR Kredit A/S
Format:Adobe Acrobat Adobe Acrobat
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