February 22, 2018 / 4:38 PM / 7 months ago

BRIEF-The Bank Of Greenland Says ‍Achieved Annual Profit Of DKK 132.6 Mln Before Tax

Feb 22 (Reuters) -

* THE BANK OF GREENLAND’S ANNUAL REPORT 2017

* ‍ACHIEVED ANNUAL PROFIT OF DKK 132.6 MILLION BEFORE TAX, COMPARED WITH DKK 113.4 MILLION IN 2016​

* ‍ON BASIS OF FAVOURABLE INCREASE IN LENDING IN 2017, ANNUAL NET INTEREST INCOME IS TDKK 20,392 HIGHER THAN IN 2016​

* SAYS ‍BANK HAS SEEN A GOOD INCREASE IN LENDING DURING 2017 AND EXPECTS A FURTHER MODERATE INCREASE IN 2018​ Source text for Eikon: Further company coverage:

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