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Danish lenders prepared for sharp, temporary economic slump, central bank says

May 28, 2020 - SNL European Financials Daily

Danmarks Nationalbank warned that some large systemic lenders could fail to meet capital buffer requirements in scenarios where an economic downturn is followed by a prolonged recession.

Denmark's banks are more resilient than before the financial crisis and could withstand a sharp but temporary economic slowdown, although some large systemic lenders could fail to meet capital buffer requirements in scenarios where an economic downturn is followed by a prolonged recession, according to the...