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BRIEF-Fynske bank Q2 loan losses at DKK 2.0 million
August 24, 2017 / 11:54 AM / a month ago

BRIEF-Fynske bank Q2 loan losses at DKK 2.0 million

Aug 24 (Reuters) - FYNSKE BANK A/S:

* Q2 NET INTEREST INCOME DKK 64.2 ‍​MILLION VERSUS DKK 67.6 MILLION YEAR AGO

* Q2 NET PROFIT DKK 11.9 MILLION VERSUS DKK 23.2 MILLION YEAR AGO

* Q2 LOAN LOSSES DKK 2.0 MILLION VERSUS DKK 1.4 MILLION YEAR AGO

* NOW SEES 2017 PROFIT BEFORE TAX IN RANGE OF DKK 65-75 MILLION (PREVIOUSLY RANGE OF DKK 50-60 MILLION)

* EXPECTS OVERALL LEVEL OF LOAN LOSSES FOR 2017 LOWER THAN WHAT WAS EXPECTED AT THE START OF THE YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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