18.10.2024 13:53:58 CEST | Føroya Banki | Inside information
Announcement no. 15/2024
Føroya Banki is revising the guidance for the net profit for 2024 from the earlier announced estimate of DKK 250-280m to be in the range DKK 275-300m.
The adjustment is driven by an improved outlook in core operations with growth in both lending and deposit volumes and a solid investment portfolio return. Furthermore, a reasonable level of impairment reflects the general sound credit quality of the bank's customers.
Contacts
- Turið F. Arge, Chief Executive Officer, +298 330 678, tfa@bankin.fo
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