August 22, 2017 / 8:58 AM / in 4 months

BRIEF-Nordjyske Bank H1 NII up at DKK ‍242​ mln

Aug 22 (Reuters) - NORDJYSKE BANK A/S:

* REPORTS H1 PROFORMA PRE-TAX INCOME DKK 170 MILLION VERSUS DKK 95 MILLION YEAR AGO

* H1 NET INTEREST INCOME DKK ‍242​ MILLION VERSUS DKK 240 MILLION YEAR AGO

* H1 LOAN LOSSES DKK ‍46​ MILLION VERSUS DKK 83 MILLION YEAR AGO

* UPGRADES 2017 EXPECTATIONS TO OVERALL RESULT OF CORE EARNINGS AND WRITE-DOWNS

* EXPECTS THAT LOAN LOSSES IN 2017 WILL BE IN RANGE OF DKK 75 MILLION (PREVIOUSLY OF LESS THAN DKK 120 MILLION)

* EXPECTS 2017 CORE EARNINGS AFTER ITEMS IN RANGE OF DKK 340-375 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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