Danske Bank's Belfast Headquarters

Danske Bank UK Financial Results

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before impairments of £72.5m for the 9 months to end September 2019. Total income has been maintained at 2018 levels despite continued economic and political uncertainty. Lending is 3% higher year-on-year, with retail customer activity levels remaining satisfactory. New lending to businesses is impacted by Brexit, with some larger customers delaying investment …

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 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 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 …