Danske Bank had a “satisfactory start” to the year despite financial developments that weighed on activity, the Danish bank said. The bank reported pretax profit for the first quarter in line with expectations, and kept its full-year guidance unchanged. The company said it saw good activity in Denmark partly as a result of continued interest in its new home financing solutions. Danske Bank began winding down its retail banking business in Ireland in 2013, but still offers services to corporate and institutions. Country manager for Danske Bank Ireland Terry Browne said the business had a good start tp the year.

Source: The Irish Times April 26, 2018 07:07 UTC