Danske Bank sees improvement in Q1

Eivind Kolding, who took over the leadership of Danske Bank in February, has presented his first quarterly report. Archive.
Eivind Kolding, who took over the leadership of Danske Bank in February, has presented his first quarterly report. Archive.
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Denmark’s largest bank Danske Bank has presented a First Quarter pre-tax profit of DKK1.6billion and a net result of DKK0.8billion the bank says in its interim report.

The Q1 net result was an 11 per cent rise on Q1 2011 and was ‘generally in line with expectations’ the bank said in a statement.

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