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Grønlandsbanken Earnings Release 2021
3438_rns_2021-10-19_07dba805-7c1c-49f9-ae1c-c888a3d216ea.html
Earnings Release
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Upward adjustment of expectations for 2021
Upward adjustment of expectations for 2021
To Nasdaq OMX Copenhagen
19 October 2021
Announcement no. 16/2021
Upward adjustment of expectations for 2021
As a consequence of the bank’s good performance in Q3-2021 and expectation of low write-downs on loans for the remaining part of 2021, the profit before tax is adjusted upward to an interval of DKK 135-150 million.
Most recently, in company notification no. 12/2021 of 18 August 2021, the bank upgraded its expectations of the profit before tax for 2021 to a profit before tax in the range of DKK 125 -140 million.
The quarterly report for Q1-Q3 2021 will be published on 3 November 2021
Please direct any questions to:
Martin Kviesgaard
Managing Director
Tel. no.: +299 34 7802 /e-mail: [email protected]
Kind regards,
The BANK of Greenland
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