"The results show that the largest Danish banks are robust even in the event of a severe economic downturn. The assumed economic downturn is significantly more severe than in previous stress tests, and more severe than what we see for Europe overall. Therefore, the capital effect is substantial and higher than in previous stress tests. Results are reassuring from a Danish point of view. Having said that, this conclusion is largely based on a favourable capital position at the starting point and the largest Danish banks should safeguard this going forward by retaining some of their earnings," says Director General, Jesper Berg.
Read the full press release: Large Danish banks withstand severe economic downturn
See all the Danish results here.