Denmark bails out bank

The National Bank of Denmark has agreed to provide $158m-worth of emergency financing to Roskilde, a bank.

The central bank said on Thursday that it had decided to provide liquidity to the bank after it emerged that writedowns on real-estate loans would have to be made on a significantly larger scale than assumed.

The bank said on Friday that it had received DKr750m-worth ($158m) of guarantees from the central bank.

The government and the financial sector had, the central bank said, guarantee