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Danske Bank raises 2021 net profit outlook Reuters

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© Reuters. File photo: The Danske Bank logo was seen at a bank headquarters in Copenhagen, Denmark, on October 22, 2019. REUTERS/Jacob Gronholt-Pedersen/File Photo

Copenhagen (Reuters)-Danske Bank raised its net profit guidance for this year on Thursday after lower-than-expected loan impairment charges and increased customer activity.

The largest Danish bank now expects a net profit of over 12 billion Danish kroner (US$1.9 billion) in 2021, which is higher than the previous forecast of 9-11 billion kronor.

(1 USD = 6.3020 Danish Kroner)

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