The BANK of Greenland - half-year report 2017
(WorldNews Denmark)

Growth in lending gives record-high core earnings In the first half of 2017, the BANK of Greenland achieved a significantly improved profit before tax, of DKK 73.8 million, compared to DKK 47.7 million in 2016. The profit before tax gives a return of 17.2% p.a. on opening equity after disbursement of dividend. The result before value adjustments and write-downs of TDKK 77,644, is the best result in the bank`s history and shows a significant improvement from the same period of 2016, when th ......