Danske Bank A/S · OMXCOP:DANSKE

Danske Bank A/S — Debt Investor Presentation (June 2015)

14 slides from Danske Bank A/S's debt investor presentation, Jun 30, 2015

  1. Slide 1: Danske Bank Cover Pools

    Danske Bank Cover Pools 30 June 2015

  2. Slide 2: Agenda

    Financial results for Q1 2013 Agenda Danske Bank Covered Bond Universe 3 The Danish Covered Bond Framework 4 Danske Bank Cover Pools - Overview 5 Cover Pool C 7 Cover Pool D 9 Cover Pool I 11 2

  3. Slide 3: Danske Bank Group Covered Bond Universe

    Danske Bank Group Covered Bond Universe Legislation and history behind three business lines • Covered Bond issuer since 1851 • Covered Bond issuer since 2007 • Covered Bond issuer since 2005 • Based on Danish legislation • Based on Danish legislation • The former Sampo Housing Loan Bank • Specialize

  4. Slide 4: Danish Covered Bond Framework used by Danske Bank A/S

    Financial results for Q1 2013 Danish Covered Bond Framework*used by Danske Bank A/S Issuer and legislation Cover assets Covered bonds and risk Supervision, rating and audit Universal credit institution Eligible cover assets follow Exposure to market risk Mandatory quarterly reporting with a special

  5. Slide 5: Business areas (Danske Bank Global Covered Bond Programme)

    Financial results for Q1 2013 Business areas (Danske Bank Global Covered Bond Programme) Overview of Danske Bank in the Nordic Region Key Points  Three cover pools in Danske Bank’s global programme:  Cover pool D – Domestic residential (Danish). Single family homes and holiday houses  Cover pool

  6. Slide 6: The four Danske Bank cover pools - Overview

    Financial results for Q1 2013 The four Danske Bank cover pools - Overview Residential Residential Combined Residential 1 Characteristics Cover Pool D Cover Pool I Cover Pool C Danske Bank plc Pool notional DKK 41,6bn DKK 122.3bn DKK 52.4bn DKK 45.5bn (EUR 5.6bn equivalent) (EUR16.4bn equivalent) (EU

  7. Slide 7: Cover Pool C International commercial/residential

    Financial results for Q1 2013 Cover Pool C – International commercial/residential Distribution of maturity and property type Property type Key Points Other  Cooperative housing: Apartment buildings 4% Cooperative Housing owned by an association of tenants Industrial 5%  Rental housing: Apartment b

  8. Slide 8: Cover Pool C International commercial/residential

    Financial results for Q1 2013 Cover Pool C – International commercial/residential Distribution of loan size and Repayment profile Repayment type Key Points  High proportion of loans are with amortisation  The majority of the I/O loans are given to Repayment retail and rental housing properties. In

  9. Slide 9: Cover Pool D Domestic residential

    Financial results for Q1 2013 Cover Pool D – Domestic residential Distribution of maturity and property type Property type Key Points  Offset mortgage loans (a current account Holiday Houses interest rate linked to loan account) 8%  Loans are primarily targeted towards customers with available hom

  10. Slide 10: Cover Pool D Domestic residential

    Financial results for Q1 2013 Cover Pool D – Domestic residential Distribution of loan size and Repayment profile Repayment type Key Points Repayment  Mostly I/O loans – but only granted to high 7% credit quality customers  I/O period renegotiated after 10 years  Average LTV is 60.4 % - a bit hig

  11. Slide 11: Cover Pool I International residential

    Financial results for Q1 2013 Cover Pool I – International residential Distribution of maturity and property type Property type Key Points  Geographically diversified cover pool – 52 % Norwegian properties and 48 % Swedish Cooperative housing  Floating rate loans either NIBOR/STIBOR 19% based with

  12. Slide 12: Cover Pool I International residential

    Financial results for Q1 2013 Cover Pool I – International residential Distribution of loan size and Repayment profile Repayment type Key Points  Relatively high proportion of loans with repayment for Norwegian loans. Repayment  For Swedish loans interest only is more common 38% Interest Only 62%

  13. Slide 13: Contacts

    Financial results for Q1 2013 Contacts Peter Kjær Holm Direct: +45 45 12 84 85 Senior Vice President holm@danskebank.com Klaus Zacchi Rindholt Direct: +45 45 14 88 90 First Vice President klri@danskebank.dk 13

  14. Slide 14: Disclaimer

    Financial results for Q1 2013 Disclaimer Important Notice This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire securities of Danske Bank A/S in any jurisdiction, including the United States,

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