Brief: Groenlandsbanken A/S -Bank Of Greenland's Annual Report 2018

Groenlandsbanken A/S

28/02/2019 16:37

Feb 28 (Reuters) - 
    * GROENLANDSBANKEN A/S -BANK OF GREENLAND'S ANNUAL REPORT
2018
    * GROENLANDSBANKEN -BANK OF GREENLAND ACHIEVED   PROFIT OF
DKK
140.3 MILLION BEFORE TAX IN 2018, COMPARED TO DKK 132.6 MILLION
IN 2017
    * GROENLANDSBANKEN A/S -FY NET INTEREST AND FEE INCOME
INCREASED
BY DKK 4.1 MILLION TO DKK 313.6 MILLION
    * GROENLANDSBANKEN A/S - BANK HAS SEEN A GOOD INCREASE IN
LENDING
DURING RECENT YEARS AND EXPECTS A FURTHER MODERATE INCREASE IN
2019
    * GROENLANDSBANKEN A/S SAYS DIVIDEND PAYMENT FOR 2018
RECOMMENDED
TO ANNUAL GENERAL MEETING IS DKK 30 PER SHARE
    * GROENLANDSBANKEN A/S - FY PROFIT BEFORE TAX AT LEVEL OF
DKK
130-150 MILLION IS EXPECTED, COMPARED TO DKK 140 MILLION IN 2018
    * GROENLANDSBANKEN A/S -FY 2019  TOTAL INCOME IS EXPECTED TO
INCREASE SLIGHTLY COMPARED TO 2018
    * GROENLANDSBANKEN A/S - BANK OF GREENLAND'S CAPITAL RATIO
IS 22.7
AT YEAR-END 2018
    * GROENLANDSBANKEN A/S SAYS IN 2019, TOTAL COSTS INCLUDING
WRITE-OFFS ARE EXPECTED TO BE MODERATELY HIGHER THAN IN 2018
    * GROENLANDSBANKEN A/S -FY PROFIT  IS JUST OVER ESTIMATE OF
DKK
120-140 MILLION GIVEN BY BANK AT BEGINNING OF YEAR

Source text for Eikon:  ID:nGNE8G8c76 
Further company coverage:  GRLA.CO 

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