Bernstein: €9bn needed to save Danish banks

Nils Bernstein, the governor of the Danish central bank called on the public sector to provide Dkr70 billion (€9 billion) capital to the banking sector.

"A few Danish banks cannot withstand the expected economic development as it - with great uncertainty - looks today," the governor said on Monday."

The governor's statement accompanied the release of the central bank's biannual publication on financial stability, which concluded: "A capital injection of approximately kr70 billion to the banking

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: