Danske Bank rakes in the billions

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Danske Bank has released its 2012 accounts, reporting profit before tax of DKK 8.6 billion (EUR 1,148.5 million) and a net profit f DKK 4.7 billion. The result was generally in line with expectations and up DKK 3 billion (EUR 405.6 million) on its 2011 result.

“These are our best financial results since 2007 and it is definitely a step in the right direction,” says bank CEO Eivind Kolding.

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