Denmark’s Rohde concerned by lack of bail-in tool at mortgage banks

lars-rohde
Lars Rohde

National Bank of Denmark governor Lars Rohde expressed concern that Danish mortgage banks will not be covered by bail-in tools, in a speech on October 1.

Mortgage banks are covered by Europe's bank recovery and resolution directive, but the minimum requirement for own funds and eligible liabilities, a standard requiring banks to hold sufficient loss-absorbing capital, does not apply to them. Instead they maintain an additional "debt buffer" of 2% of their lending.

This means bail-in "is not an

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: