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Nordic Outlook June 2018

Global news has not sounded positive for the Nordic growth outlook recently. The increasing risk of trade wars is not in the interest of small open economies and of Nordic businesses that are integrated into global value chains. Lower growth indicators in the euro area dampen the prospects for the most important markets for Nordic exports, and the political uncertainty in Italy also risks undermining European growth.

The Nordic Outlook report gives economic and financial trends from the Nordic countries.

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Danske Bank seeks to help entrepreneurs grow their impact on society

In an attempt to help purpose-driven start-ups maximize their impact, we are launching a new digital hub named +impact. The new hub is the first step in a wider initiative seeking to create a connected eco-system consisting of purpose-driven start-ups, expert volunteers, corporates and investors.

The new initiative draws upon the experience from our The Hub, which successfully brings together start-ups with employees and investors.

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New digital hub to support purpose-driven start-ups

We wish to use our role as a leading financial partner to address some of the challenges that we face in society. One of our priorities is to build relevant initiatives with which we can help entrepreneurs to grow their positive impact on society.

Jeanette Fangel Løgstrup

Head of Societal Impact and Sustainability, Danske Bank

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Financial results - first quarter 2018

12.6%

Return on equity after tax

DKK 4.9 bn

Net profit

"We had a satisfactory start to the year despite financial market developments that caused lower activity compared with the same period last year. Across our business, the underlying trend was good, with customer demand for credit remaining positive."
Thomas F. Borgen

Chief Executive Officer

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Better overview and more control of personal data

From 25 May 2018, new rules apply to the processing of personal data by businesses, organisations and public institutions in the EU.

In short, the new rules, called the General Data Protection Regulation (GDPR), will give all private individuals a better overview and more control of the personal data that businesses and other entities have about them.

For customers of Danske Bank it will become even easier to view personal data we have registered about them, be informed of how we use the data, and have the data updated.

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    Our essence

    Our Essence is the foundation on which we build our business. It consists of our vision, strategic core, customer promise and core values.
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    Societal challenges

    We help solve some of the fundamental challenges that society faces today. Find out how we build financial confidence, increase access to digital services and help startups scale.
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    The Danish FSA

    The latest statements, decisions and supervisory reactions from the Danish Financial Supervisory Authority.
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