Danske Bank pre-tax profits rise to £160.4m in first nine months of 2024
1st Nov 2024
Danske Bank published its financial results for the first nine months of 2024, reporting a profit before tax of £160.4 million.
CEO Vicky Davies said:
“A robust financial performance means we are well positioned to continue to support customers when they need us. Even though inflation has been falling and economic conditions have been improving, we remain very conscious that customers are still facing cost of living challenges.
“We are staying close to our customers, providing assistance where it is needed, whilst continuing to help businesses pursue growth opportunities and people buy or move home.
“In the first nine months of the year we backed the Northern Ireland business community by providing over £490 million in business lending approvals.
“We have opened over 1,000 new small business accounts so far this year, and are currently offering two years fee-free transaction banking to small businesses if they switch to Danske Bank and open a small business digital account.
“Mortgage lending has remained resilient, supported by a sustained demand for housing in the marketplace, decreasing interest rates and low unemployment levels.
“We also opened over 13,000 new personal current accounts in the first nine months of 2024, an increase of around 60% year-on-year.
“Looking ahead Danske Bank will continue to be a key enabler of economic growth across Northern Ireland, with a clear purpose centred around helping customers, colleagues and society to thrive.”
You can read the full press release here.
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