Nordic Business Report-April 19, 2006-Max Bank posts Q1 pre-tax result of DKK30.14m
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The Danish bank Max Bank issued its first quarter report on Tuesday (19 April), reporting a record pre-tax result of DKK30.14m, as compared to DKK16.42m in the first quarter of 2005.
Net commission and interest income amounted to DKK66.26m, up from DKK42.01m in the first quarter last year.
In connection with its interim report Max Bank adjusted upward its full-year forecast from a previously announced pre-tax result of DKK70m to DKK80-85m.
One Danish krone (DKK) is worth approximately 0.09 British pounds (GBP).
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