Østjydsk Bank A/S

OJBA

DK0010017607

Banks

Delayed Nasdaq Copenhagen Other stock markets			5-day change	1st Jan Change
- ^DKK	-.--%		+1.80%	-5.17%

2018	Østjydsk Bank A/S(CPSE:OJBA) dropped from OMX Nordic Small Cap Index	CI
2018	Østjydsk Bank A/S(CPSE:OJBA) dropped from OMX Nordic All-Share Index	CI

Østjydsk Bank A/S Announces Earnings Results for the Full Year of 2012; Plans to Lay Off 10

February 20, 2013

Østjydsk Bank A/S announced earnings results for the full year of 2012. For the year, the company had pretax loss of DKK 203 million.

The company also announced that it plans to cut costs. As part of the restructuring, two branches will be merged with other branches and 10 employees will be laid off. The moves are expected to result in annual cost savings of about DKK 15 million but will not affect the company's operating profit until 2014.

Latest news about Østjydsk Bank A/S

Østjydsk Bank A/S(CPSE:OJBA) dropped from OMX Nordic Small Cap Index	18-08-08	CI
Østjydsk Bank A/S(CPSE:OJBA) dropped from OMX Nordic All-Share Index	18-08-08	CI
Vendsyssel Sparekassen acquired all assets from Østjydsk Bank A/S for DKK 50 million.	18-02-21	CI
Østjydsk Bank Seeks To Raise Funds	15-12-10	CI
Østjydsk Bank A/S(CPSE:OJBA) dropped from MSCI Acwi + Frontier Markets(acwi Fm) All Cap Index	15-06-01	CI
Jutlander Bank A/S completed the acquisition of branches in Randers and Gjerlev from Østjydsk Bank A/S.	15-01-04	CI
Jutlander Bank A/S signed an agreement to acquire branches in Randers and Gjerlev from Østjydsk Bank A/S for DKK 95.5 million.	14-12-21	CI
Østjydsk Reportedly Up For Sale	14-09-26	CI
Jyske Reportedly Plans To Buy Østjydsk	13-08-15	CI
Arbejdernes Landsbank A/S completed the acquisition of branches in Vejle, Horsens and Skanderborg from Østjydsk Bank A/S.	13-06-26	CI
Arbejdernes Landsbank A/S entered into an agreement to acquire branches in Vejle, Horsens and Skanderborg from Østjydsk Bank A/S.	13-05-31	CI
Østjydsk Bank A/S Announces Earnings Results for the Full Year of 2012; Plans to Lay Off 10	13-02-20	CI

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Company Profile

Oestjydsk Bank A/S is a Denmark-based regional bank. The Bank offers financial services to its customers, such as lending, deposit, pool, currency, pension, investment, insurance and mortgage product. Its customers are private customers, small and medium-sized businesses as well as public institutions in the bank market area, which covers the area from Aarhus to Aalborg, with primary area around Mariager Fjord.

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