Danish governor on forthcoming funds
The National Bank of Denmark will operate a new temporary facility from early next year to supplement Danish banks with financing capital, said Nils Bernstein, the governor of the central bank.
Bernstein said that the aim of this move was to avoid an actual credit crunch, described as a situation where creditworthy households and businesses are refused loans.
The governor said that Denmark's banks' lending increased in recent years, with lending amounting to nearly nine times their equity
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