Danske Bank's Belfast Headquarters

Subdued Growth Expected For The Northern Ireland Economy In 2019

Andrew Kelly Corporate

Danske Bank has today forecast that the Northern Ireland economy will grow by 1.0 per cent in 2019 and by 1.3 per cent in 2020, a slight downward revision from the Bank’s previous forecast of 1.2 per cent for this year. In the latest Northern Ireland Quarterly Sectoral Forecasts report, published today, Danske Bank said that the services sectors are …

Danske Bank Creates New Fraud & Cyber Crime Team In Response To Growing Threat To Customers

Danske Bank Creates New Fraud & Cyber Crime Team In Response To Growing Threat To Customers

Andrew Kelly Corporate

Danske Bank has created a new specialist fraud and cyber crime team to help combat the rising threat to customers from fraudsters and criminal gangs. The Bank announced today that the front-line fraud team of eight people will be focused on educating its customer base and wider NI society about the complexity of new types of fraud. It will also …

Multimillion Pound Housing Development Targets First Time Buyers

Multi-million Pound Housing Development Targets First Time Buyers

Andrew Kelly Corporate

A multi-million pound investment in 108 new homes in the Downpatrick area is set to address a shortage of affordable properties for first time buyers.  The investment by KAP Properties will create 30 new jobs and is being part-funded by Danske Bank. KAP Properties was established in 2014 and has built several developments in the Downpatrick area. The new Saul …

Danske Bank's Belfast Headquarters

Consumer Confidence In NI Increased At End Of 2018, But Major Worries Persist

Andrew Kelly Corporate

Consumer confidence in Northern Ireland surprisingly increased in the final quarter of 2018 despite concerns around the local political impasse and Brexit continuing to weigh on people’s minds, according to analysis published today by Danske Bank. The Danske Bank Northern Ireland Consumer Confidence Index rose to 127, up from 123 in the third quarter and 123 at the end of …

Danske Bank's Belfast Headquarters

Danske Bank UK Financial Results

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before impairments of £92million for the year to end December 2018. Profit before impairment charges is down 22%, however the underlying performance of the business remains strong. 2017 benefitted from two one- off credits – sale of the wealth business and pension changes – so a profit fall in 2018 was expected, …

Westland Horticulture’s Latest Growth Acquisition Backed By Danske Bank

Westland Horticulture’s Latest Growth Acquisition Backed By Danske Bank

Andrew Kelly Corporate

Dungannon-based Westland Horticulture has completed the acquisition of a rival company in England, with support from Danske Bank. Established in 1990 in Co Tyrone, Westland is now one of the fastest growing consumer garden product companies in Europe, supplying a range of gardening products including lawn care, plant food, pest control, weed killers and mulches. Westland also owns the market …

Danske Bank's Belfast Headquarters

Northern Ireland Economy To Continue To Grow Modestly In 2019

Andrew Kelly Corporate

Danske Bank has today forecast that the Northern Ireland economy grew by 1.1 per cent in 2018 and is set to grow by 1.2 per cent in 2019, a slight upward revision from the Bank’s previous forecasts of 1 per cent and 1.1 per cent respectively. In the Bank’s latest Northern Ireland Quarterly Sectoral Forecasts report, published today, Danske Bank …

Danske Becomes First NI Bank To Launch Open Banking Feature

Danske Becomes First NI Bank To Launch Open Banking Feature

Andrew Kelly Corporate

Danske Bank has become the first of the ‘big four’ NI banks to introduce a feature within its mobile banking app that allows customers to view their account information from another bank. Danske customers who have a personal current account with Santander can choose to view their Santander balances and transactions when they log on to Danske’s New Mobile Bank, …

French Village Bakery Expands Into Catering Sector Following Significant Investment

French Village Bakery Expands Into Catering Sector Following Significant Investment

Andrew Kelly Corporate

French Village Bakery has invested £850,000 to expand its current operations and develop its catering division, creating 10 new jobs and four apprenticeship positions.  The investment was supported by Danske Bank. The family-owned business opened in 1981 with premises on the Stranmillis Road.  Originally a producer of artisan breads, cakes and buns, the company quickly established a reputation for creating …