Denmark's Danske Bank has logged a loan-loss reversal in the first quarter.

It said provisions worth DKK 330m ($53.29m) were reversed in the period, against DKK 235m a year ago.

Net interest income rose to DKK 5.94bn from DKK 5.86bn, while net profit fell to DKK 4.87bn versus DKK 5.53bn.

Loan impairment charges remained low, it said, with reversals attributed to credit quality remaining "solid", supported by stable macroeconomic conditions.