Gerry Mallon
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Danske Bank: First annual profit since 2008

Danske Bank in Northern Ireland made a pre-tax profit of £11.4m in 2013, compared to a loss of more than £58m in 2012.

It is the first time the bank has made an annual profit since the start of the financial crisis in 2008.

Danske said the improved performance was driven by reduced bad loan charges alongside a better underlying business.

  • 06 Feb 2014