April 30, 2020 / 6:35 AM / 2 months ago

Danske Bank swings to first-quarter loss on higher impairments

COPENHAGEN, April 30 (Reuters) - Danske Bank swung to a first-quarter net loss, it said on Thursday, citing higher impairment charges.

Denmark’s biggest lender reported a net loss of 1.3 billion Danish crowns ($189.37 million), against and average analysts’ forecast of a 474.2 million crown profit. ($1 = 6.8647 Danish crowns) (Reporting by Nikolaj Skydsgaard Editing by David Goodman )

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