Danske Bank rise in pre-tax profits

Published Thursday, 24 July 2014
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Danske Bank in Northern Ireland has reported pre-tax profits of £45m.

The company announced its results for the first six months of 2014 on Thursday.

It said profit before impairments was up 49% and total income was up 14% to £109m.

The pre-tax profit of £45m compares to a loss of almost £1m during the same period last year.

Danske Bank UK CEO Gerry Mallon said: "The underlying performance of the business continues to significantly improve, while at the same time impairments continue to fall."

He added that nine out of every ten mortgage applications have been approved this year, resulting in an increase of 38% in approvals compared to the same period last year.

© UTV News
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5 Comments
N.Ireland in N.Ireland wrote (58 days ago):
You can text to find out your balance or use the internet like everyone else ya dinosaur
Michael in North Down wrote (58 days ago):
Good on u Danske Bank greet to c u making a profit pitty about the branches ur shutting down. Just forget about the people who depend on u lot eg people who cant use the internet people who dont drive and have to make do with a branch thats 7 to 10 miles away.So just give yourselves a huge pat on the back.Well done Danske Bank and thank you????
Omagh in Omagh wrote (58 days ago):
Maybe they might leave ordinary people alone who are trying hard to repay their loans and mortgages while the developers and "smart guys" get away in the smoke!
Rhonda in Belfast wrote (59 days ago):
After the amount of staff losses and branch closures is it any wonder
Ivan in Coleraine wrote (59 days ago):
Great... maybe they can afford a cash machine in Portstwart,closed the bank and then took the cash machine away, Do they care?
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