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  • Bank raises 2023 net income forecast range by $145 million
  • Danske expects lowers loan impairment charges for the year

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Danske Bank A/S, the largest lender in Denmark, raised its 2023 profit forecast due to strong credit quality and an expectation of only “negligible” impairments in the final quarter of this year.

The Copenhagen-based bank increased its net income guidance range by 1 billion kroner ($145 million) and now sees as much as 21.5 billion kroner for the full year.

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Danske Bank Raises 2023 Outlook on Strong Credit Quality

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