Brief: Groenlandsbanken Q2 pre-tax profit down at DKK 26.3 million

Groenlandsbanken A/S

10/08/2016 11:22

Aug 10 (Reuters) - Groenlandsbanken A/S  GRLA.CO : 
    * Q2 net interest and fee income 72.0 Danish crowns 
($10.8)million versus 70.4 million crowns year ago 
    * Q2 pre-tax profit 26.3 million crowns versus 29.8 million 
crowns year ago 
    * Q2 loan losses 4.9 million crowns versus 4.6 million 
crowns year ago 
    * Expects a further decline in deposits in the course of the 
year. 
    * Expects further growth in 2016, especially in view of the 
increased construction activity and higher prawn quota. 
 
Source text for Eikon:  ID:nCSE6r6T  
     
Further company coverage:  GRLA.CO  
 
($1 = 6.6561 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))