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GRLA Groenlandsbanken A/S News Story

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Brief: The Bank of Greenland Q3 profit before tax up at DKK 34.8 mln

Nov 3 (Reuters) - Groenlandsbanken A/S  GRLA.CO : 
    * Reported on Wednesday Q3 net interest and fees income 73.4 million Danish crowns ($11 
million) versus 71.6 million crowns 
    * Q3 impairment of loans 3.0 million crowns versus 4.7 million crowns year ago 
    * Q3 profit before tax 34.8 million crowns versus 27.7 million crowns year ago 
    * Said in 2016 expects by and large unchanged overall income compared to 2015  
    * Still expects profit before value adjustments and write-downs at the level of 125 
million-145 million crowns 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nCSE6CFV 
     
 Further company coverage:  GRLA.CO   
    
 
 
 
($1 = 6.6939 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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