DENMARK:INTERIM RESULTS BY DANSKE BANK
Article Abstract:
Danske Bank, the Danish bank, reports a 17% increase in interest income in the first quarter of 2001 compared with the same period last year. Pre-tax profit wasDKr3.309mn and profit after tax DKr2,359mn. Profit after financial items climbed 11% to DKr6,977mn. The positive growth is ascribed to the fact that the bank has carried out certain price increases regarding its corporate clients. At the same time the weakening of the economy is not manifested yet in the bank's results and according to Danske Bank's top executive Peter Straarup, the bank cannot discern signs of recession. However, the weakening in the US economy may spread into the international economy
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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DEN DANSKE BANK OPRUSTER I POLEN
Article Abstract:
The major Danish bank Den Danske Bank has applied for permission to acquire one third of the Polish bank Amer Bank. So far, Den Danske Bank has participated in a 2mn Zl capital injection in the bank. Its interest for the Polish market is in accordance with its strategy to expand in the Nordic countries. Trade between Poland and the Nordic countries is extensive; more than 2,000 Nordic companies operate on the Polish market.
Comment:
Major Danish bank has applied for permission to acquire one third of the Polish bank Amer Bank
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1998
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DENMARK: DANSKE BANK TO SELL SUBSIDIARY
Article Abstract:
NCM has bought Danske Bank's two subsidiaries BG Factoring and BG Garanti Forsikringsselskab. Dutch NCM aims to expand operations in the Nordic region and thus wants to offer clients a broad range of services. Danske Bank is planning to sell off all non-core operations.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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