Danske Bank: NI lender makes £16m pre-tax profit so far in 2021

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lily9889
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Danske Bank: NI lender makes £16m pre-tax profit so far in 2021

Post by lily9889 » Thu Apr 29, 2021 11:03 am

Danske Bank: NI lender makes £16m pre-tax profit so far in 2021

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Danske Bank in สูตรสล็อต Northern Ireland made a pre-tax profit of almost £16m on turnover of £47m in the first quarter of 2021.

The bank is one of four major lenders in Northern Ireland.

Its local chief executive has given an upbeat assessment of economic prospects as lockdown ends.

Kevin Kingston said the lender believed "the economic cycle is starting to turn".

"In quarter one investment support requests from medium to large business customers have steadily increased," he said.

The bank did not make any new loan loss provisions in the first quarter.

These provisions are money the bank must put aside to cover loans, which they assess are unlikely to be repaid in full.

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