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 In Northern Ireland Reports A Profit Before Tax Of £77.4m

Danske Bank In Northern Ireland Reports A Profit Before Tax Of £77.4m

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before tax of £77.4m for the 9 months to the end of September 2017.  Customer activity levels are high and the business continues to perform well as evidenced by strong growth in both customer lending, up 8% year-on-year, and deposit volumes.  The reduction in profit reflects the adverse impact of the lower …