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Annual Report 2010

Compared with 2009, Spar Nord recorded a slight decline in core income - down from DKK 2,624 million to DKK 2,575 million. This is mainly due to a decrease in net interest income, amounting to DKK 1,608 million compared with DKK 1,768 million in 2009. On the upside, net income from fees, charges and commissions grew from DKK 417 million to DKK 506 million.

Rune Brandt Børglum

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