Nordic central banks conclude MoU memorandum

The Governors of the central banks of Denmark, Finland, Iceland, Norway and Sweden signed a Memorandum of Understanding (MoU) on financial crisis management at their meeting of 11 June in Iceland.

At their meeting in Stykkisholmur, Iceland, on June 11, 2003, the Governors of the central banks of Denmark, Finland, Iceland, Norway and Sweden signed a Memorandum of Understanding (MoU) on financial crisis management. The MoU is applicable when a severe problem occurs in a bank which is domiciled i

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