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Hitt og þetta 9. febrúar 2006

DJ : Danske Bank 4Q Net Pft Up 24% At DKK3.76B

Danske Bank A/S (DANSKE.KO), the largest bank in Denmark, Thursday reported a 24% jump in fourth-quarter net profit, boosted by rising volumes in corporate lending, as well as a gain on the sale of HandelsFinans.

The Copenhagen-based bank said net profit rose to DKK3.76 billion in the quarter ended Dec. 31 from DKK3.04 billion.

Danske Bank said it expects net interest and net fee income from banking activities to rise from the level recorded in 2005 as a result of expected strong growth in property financing and corporate lending.

The bank plans to increase its 2005 dividend to DKK10 a share from DKK7.85 a share.