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

Danske Bank UK Financial Results

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before impairments of £23.1m for the first quarter of 2019. Lending volumes are 8% higher year-on-year and deposits grew by 6%. Total income is 3% higher reflecting the growth in lending and deposits, and higher UK interest rates. Costs are 2% higher, given ongoing investment in new customer solutions and skills designed …

Danske Bank's Belfast Headquarters

Danske Bank UK Financial Results

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before impairments of £70.1million for the nine months to the end of September 2018. Total income has increased 4% compared to the same period last year. This reflects balance sheet growth – with lending 8% higher year-on-year, deposits up 5%, and higher UK interest rates. Restructuring initiatives completed in 2017 enabled increased …

Danske Bank's Belfast Headquarters

Danske Bank UK financial results – 3 months to end March 2018

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before impairments of £22.4m for the first quarter of 2018. Lending is 9% higher year-on-year and deposits grew by 6%. Total income is 2% higher reflecting the growth in lending and deposits, and higher UK interest rates partially offset by lower fee income following the sale of the Bank’s wealth business in …

Danske Bank H1 2017 results

Danske Bank UK Financial Results – Six Months To End June 2017

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before tax of £56.5m for the 6 months to the end of June 2017. The reduction in profit before tax reflects the adverse impact of the lower Bank of England Base Rate on our income, as well as higher expenses given operational restructuring, increased pension costs and the implementation of our investment …

Danske Bank Q1 2017 results

Danske Bank Q1 2017 Results

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before tax of £27.3m for the 3 months to the end of March 2017. The lower profit before tax figure reflects the negative impact of the lower Bank of England Base Rate on our income, as well as higher costs associated with the implementation of our investment programme – driving competitiveness, efficiency …