NIB reports 16% rise in operating profit

National Irish Bank has reported a 16% rise in operating profit for 2010, to €49m.

NIB reports 16% rise in operating profit

National Irish Bank has reported a 16% rise in operating profit for 2010, to €49m.

In annual results released this morning, the bank, which is owned by Danske Bank, also confirmed it has set aside €667m for loan impairment charges, down €37m on the previous year.

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