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03/02/2015
Danske Bank Posts £117.5m Profit
Danske Bank in Northern Ireland has posted a pre-tax profit of £117.5m for the 12 months to the end of December 2014.
The bank said lending volumes have stabilised with increased new lending.
Deposit volumes have also remained stable throughout the period, with an overall loans to deposits ratio of 80% at December 2014.
Danske Bank UK CEO Gerry Mallon said: "I am pleased to report a very strong set of results for 2014, a clear and important indicator that Danske Bank is both supporting, and benefiting from, the strengthening Northern Ireland economy.
"Improved underlying performance, combined with a substantial fall in impairments as property asset values recovered, has helped deliver strong profitable growth for the full year. Underpinning the results is a strong customer focus as we have continued to invest in the products, services and expertise that our customers need and want."
(IT/CD)
The bank said lending volumes have stabilised with increased new lending.
Deposit volumes have also remained stable throughout the period, with an overall loans to deposits ratio of 80% at December 2014.
Danske Bank UK CEO Gerry Mallon said: "I am pleased to report a very strong set of results for 2014, a clear and important indicator that Danske Bank is both supporting, and benefiting from, the strengthening Northern Ireland economy.
"Improved underlying performance, combined with a substantial fall in impairments as property asset values recovered, has helped deliver strong profitable growth for the full year. Underpinning the results is a strong customer focus as we have continued to invest in the products, services and expertise that our customers need and want."
(IT/CD)
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24 July 2014
Danske Bank Reports 2014 Profits Increase
Danske Bank has reported a net profit of DKK 6.9 billion (EUR 920.0 million) for the first half of 2014. The bank made the announcement as it released its results for the first half of the year. The net profit represents an increase of 88% from the level in the first half of 2013. Total income amounted to DKK 21.7 billion (EUR 2,912.
Danske Bank Reports 2014 Profits Increase
Danske Bank has reported a net profit of DKK 6.9 billion (EUR 920.0 million) for the first half of 2014. The bank made the announcement as it released its results for the first half of the year. The net profit represents an increase of 88% from the level in the first half of 2013. Total income amounted to DKK 21.7 billion (EUR 2,912.
15 August 2014
Danske Bank To Close Two Branches
Danske Bank has confirmed it is to close two of its branches in L'Derry. The branches in Dungiven and Maghera are to merge with its Limavady and Magherafelt branches. The branches will merge on 15 November 2014. The bank has said there will be no job losses and staff will be relocated to other branches.
Danske Bank To Close Two Branches
Danske Bank has confirmed it is to close two of its branches in L'Derry. The branches in Dungiven and Maghera are to merge with its Limavady and Magherafelt branches. The branches will merge on 15 November 2014. The bank has said there will be no job losses and staff will be relocated to other branches.
26 February 2015
Ulster Bank Reports £600m Profit
Ulster Bank has recorded its first annual profit since 2008. The bank welcomed the figures, which revealed an operating profit of just over £600m last year. In 2013, the bank recorded a loss of £1.6bn. In its annual results for 2014, the bank said its performance was helped by a number of factors including an improving economy.
Ulster Bank Reports £600m Profit
Ulster Bank has recorded its first annual profit since 2008. The bank welcomed the figures, which revealed an operating profit of just over £600m last year. In 2013, the bank recorded a loss of £1.6bn. In its annual results for 2014, the bank said its performance was helped by a number of factors including an improving economy.
25 June 2013
New NI Bank Notes In Circulation
New bank notes have been released into circulation in Northern Ireland. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo.
New NI Bank Notes In Circulation
New bank notes have been released into circulation in Northern Ireland. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo.
10 May 2012
Northern Bank To Be Rebranded
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
Northern Bank To Be Rebranded
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
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Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
