Danske Bank to make goodwill impairment of around $1.5bn

15 Dec, 2014

COPENHAGEN: Danske Bank, said it expects to make goodwill impairments of around 9 billion Danish crowns ($1.5 billion).

Denmark's biggest financial institution said the goodwill impairments relate to Danske Bank's activities in Finland, Northern Ireland and Estonia.

It also confirmed its guidance for a 2014 full-year net profit of between 11.5 billion and 13.5 billion crowns excluding the effect of goodwill impairments.

Copyright Reuters, 2014

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