2019/20 Danske Bank Ulster Schools’ Rugby Competitions Launched

New Danske Bank Ulster Schools’ Rugby Competitions Launched

Andrew Kelly Corporate

The launch of the 2019/20 Danske Bank Ulster Schools’ Rugby competitions took place at Kingspan Stadium today, Monday 7th October, in the company of representatives from the Boys Schools’ Cup, Girls Schools’ Cup, Medallion Shield and High Schools’ Trophy. The Danske Bank Ulster Boys Schools’ Cup will kick-off on Saturday 19th October under a new format, with six groups of …

BLK BOX Fitness Invests For Future Growth

BLK BOX Fitness Invests For Future Growth

Andrew Kelly Corporate

Belfast-based BLK BOX Fitness has invested £1.4m in a new laser-cutting machine and press brake, expanded premises and hired 12 new staff, following several significant contract wins. The latest investment was supported by Danske Bank. Established in 2012 by Greg Bradley, BLK BOX Fitness specialises in the design, manufacture and delivery of strength and conditioning equipment.  The company has worked …

NI Businesses Must Be 'No Deal' Ready

NI Businesses Must Be ‘No Deal’ Ready

Andrew Kelly Corporate

Northern Ireland businesses need to prepare for a ‘no deal’ Brexit, as a potential worse case outcome, and not get caught up in the fast-changing political situation around the UK’s exit from the European Union. That was one of the key messages to emerge from Danske Bank’s Planning for Brexit event held this morning in the bank’s flagship branch on …

Danske Bank UK Appoints Deputy Chief Executives

Danske Bank UK Appoints Deputy Chief Executives

Andrew Kelly Corporate

Danske Bank UK Chief Executive Kevin Kingston has appointed two Deputy Chief Executives from within his Belfast-based senior management team. Vicky Davies is Managing Director of Strategy & Corporate Development at the Bank and Stephen Matchett is Chief Financial Officer. Both will retain their current roles alongside additional Deputy Chief Executive responsibilities. Vicky Davies was with Ulster Bank for seven …

Danske Calls On ‘A’ Level Students To Apply For Degree Apprenticeship

Danske Calls On ‘A’ Level Students To Apply For Degree Apprenticeship

Andrew Kelly Corporate

As thousands of young people prepare to receive their ‘A’ Level results this Thursday (20 August) Danske Bank is encouraging young people to consider a lesser-known pathway for the next stage of their education. The bank is inviting applications to its full-funded degree apprenticeship programme, Danske Futures.  Successful applicants will study part time at Ulster University while working in the …

Dry Cleaning Business Presses On With Investment

Dry Cleaning Business Presses On With Investment

Andrew Kelly Corporate

A dry cleaning company has invested £500,000 to purchase two new stores and relocate to larger premises in Banbridge. The investment was supported by Danske Bank. White Label Cleaners was formed in 2010 by Gareth and Susan Hodgen. The business now operates three stores – Victorias in Carrickfergus, Presto Clean in Lisburn and White Label Cleaners in Banbridge. The Lisburn …

Danske Bank's Belfast Headquarters

Consumer Confidence Falls As Political Inactivity And Brexit Continue To Bite

Andrew Kelly Corporate

Consumer confidence in Northern Ireland fell in the second quarter of 2019 as the lack of progress in resolving the local political stalemate and ongoing uncertainty around Brexit continued to weigh on sentiment, according to analysis published today by Danske Bank. The Danske Bank Northern Ireland Consumer Confidence Index fell to 136 in Q2 2019, down from 139 in the …

Danske Bank's Belfast Headquarters

Danske Bank UK Financial Results

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before impairments of £47.8m for the first half of 2019. Total income is 1% higher reflecting balance sheet growth alongside higher average UK interest rates. Despite continued economic uncertainty, lending is 5% higher year-on-year with retail customer activity levels remaining satisfactory, although new lending to businesses has been impacted by Brexit – …

Danske Bank's Belfast Headquarters

NI Economy Still Constrained By Brexit And Weaker Global Growth

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, unchanged from its previous forecasts earlier this year. In its latest Northern Ireland Quarterly Sectoral Forecasts report, Danske Bank said that the Northern Ireland economy didn’t pick up much underlying momentum in the first quarter …