trending Market Intelligence /marketintelligence/en/news-insights/trending/BbcTHs_WJn3ZuD25NVfbDQ2 content esgSubNav
In This List

Denmark to raise countercyclical buffer requirement for banks to 2%

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Denmark to raise countercyclical buffer requirement for banks to 2%

Denmark will raise the countercyclical buffer for banks by 50 basis points to 2% of their total risk exposures from the current 1.5% from 2020-end, following an Oct. 1 proposal to do so by the country's Systemic Risk Council, Reuters reported.

"It is responsible, that banks and mortgage institutes further pad themselves, so they are prepared for financial risks and international uncertainty," Danish Business Minister Simon Kollerup reportedly said.

The buffer, which is meant to ensure that banks could continue to lend in an event of a financial crisis, was 0.5% when it was first imposed in Denmark in 2018.