Large Danish banks fail stress test in 'severe recession' scenario

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Some of Denmark’s largest banks lack the capital to meet the buffer requirements in a severe recession, according to the latest semi-annual stress test carried out by the National Bank of Denmark.

The National Bank of Denmark does not specify which of the 15 institutions that were analysed failed the test or how many, in its report published today (November 29). The NBD states a number of banks failed the test, including an unspecified number of Denmark’s four systemically important financial i

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