Greenland BANK’s full-year results break records

By Alexander Norfolk January 27, 2022
577

January 20, 2022

On 19 January, The Bank of Greenland sent out a stock exchange announcement of an annual profit in 2021 of approx. DKK 158 million against previously expected results of DKK 135-150 million. The result is the highest in Greenland’s BANK’s history. The upward revision is due to a positive development in the fourth quarter of 2021.

At the same time, the bank’s expectations for 2022 are being met. The bank expects a profit in the range of DKK 120-140 million.

The Bank will publish its annual report for 2021 on 2 March.

The original press release can be found on the greenland bank website