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Danske Bank ends up with a solid 2015

TheCopenhagenPost
February 2nd, 2016


This article is more than 8 years old.

Denmark’s largest bank finished last year with a 13 billion kroner surplus

Danes aren’t phased by banks’ high interest rates, it seems (photo: Jimmy Baikovicius)

Danske Bank, the largest bank in Denmark with 5 million consumer customers  in northern Europe, ended 2015 with a post-tax surplus of 13 billion kroner, according to its financial statement. The bump was a bit higher than financial gurus had expected.

Last year’s surplus is significantly larger than 2014’s – an improvement welcomed by the bank’s chief executive Thomas F Borgen.

Future looks bright
“Despite challenging market conditions, Danske Bank showed further progress is 2015,” Borgen said in a statement.

“The results demonstrate the strength of our diversified business model as a Nordic universal bank and reflect our strategy of being a customer-focused, simple and efficient bank.”

The results mean that Danske Bank shareholders will earn a dividend of 8 kroner per share.

READ MORE: Danske Bank increases transfer fees by 150 percent

The bank’s statements indicate that this year looks to be as strong as 2015.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”