DnB Nord rising profits will dented by investments

This result is almost 40% better than in the same period of last year. "However, the result at the end of the year will be similar to that of the three quarters. This is due to the planned Q4 investments in new products and preparing to expand on new markets," said DnB Nord president, Jaroslaw Dabrowski. The good result was mainly achieved thanks to its core operations, and company representatives say they plan to develop the institution more rapidly. During Q4 factoring services will be offered, the value of which are to reach zl.500 million within a year. The company's next steps include entering the SME and the retail sectors. (Puls Biznesu, p. 9) A.K.