Danske Bank will continue to trim its business as Denmark’s largest lender adjusts to a post-crisis client landscape that chief executive Thomas Borgen says is "changing rapidly".

Danske Bank Ireland has set aside €750m as a provision for bad loans, a decrease of 12% on the amount that the bank had set aside last year.

National Irish Bank (NIB) is to be rebranded under the name of its parent company, Danish group Danske Bank, later this year.