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Denmark's unique borrowing system has enabled thousands of people to restructure their mortgages this year, cashing in on high interest rates which have caused a drop in market value of covered bonds. We explain how it all works and how you can potentially pay off a sum of your mortgage.
The Copenhagen Post – Danish news in English
Public-private collaboration submits plan setting out “how Denmark can take advantage of the opportunities presented by digitisation moving forward into the future”.
Significant decline in Denmark-based banks' profits in 2020 Tuesday 6 April 2021 14:58 CET | News The corona crisis has led to a large decline in banks' profits in 2020, according to finansdanmark.dk. The decline is driven by write-downs on lending, while interest income continues to be depressed by low interest rates. But the banks are still well equipped to help customers and support the Danish economy. This is shown by Finans Danmark's review of the 17 largest banks and mortgage banks' accounts for 2020. The profit of the 17 largest banking and mortgage groups fell in 2020 by just ov...