Nordic Business Report-April 26, 2006-Spar Nord bank posts Q1 pre-tax result of DKK208.5m
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The Danish bank Spar Nord Bank issued its first quarter report on Wednesday (26 April), posting a pre-tax result of DKK208.5m, as compared to DKK157.6m in the first quarter of 2005.
Net interest revenues improved from DKK208.8m to DKK244.5m, while net commission revenues improved from DKK84.1m to DKK132.0m.
Core revenues totalled at DKK476.8m, up from DKK382.4m in the first quarter last year.
One Danish krone (DKK) is worth approximately 0.09 British pounds (GBP).
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