Brief: The Bank of Greenland Q4 pre-tax profit down to DKK 15.9 mln

Groenlandsbanken A/S

17/02/2015 15:37

Feb 17 (Reuters) - The Bank of Greenland A/S  GRLA.CO : 
    * FY net interest income 213.9 million Danish crowns ($32.72 
million) versus 204.1 million crowns year ago 
    * Q4 net interest and fee income 73.3 million crowns versus 
69.5 million crowns year ago 
    * Q4 loan losses 10.8 million crowns versus 4.3 million 
crowns year ago 
    * Q4 pre-tax profit 15.9 million crowns versus 31.0 million 
crowns year ago 
    * Proposes 2014 dividend of 55 crowns per share 
    * 2015 losses and write-downs are expected to remain at a 
moderate level and expectedly below the level of 2014 
    * Sees 2015 profit before value adjustments and write-downs 
in the level of 125 million - 145 million crowns 
 
Source text for Eikon:  ID:nCSE5HBp  
Further company coverage:  GRLA.CO  
 
($1 = 6.5372 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))