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2010 will still be an uphill battle for Danish banks, according to Danske Bank which has just released its 2009 accounts.
Results for the country’s largest bank were slightly better than anno horribilis 2008 but far from the boom years prior to the financial crisis. The bank showed a 2009 result after tax of DKK 1.7 billion compared with DKK 1.0 billion in 2008 and almost DKK 15 billion in 2007.
