National Bank of Denmark
Bernstein sounds warning to new Danish government
Governor Bernstein says there is no need for fiscal stimulus; urging government to pull back from election process stimulus promises
NBD paper assesses impact of credit card surcharge on cash payments
National Bank of Denmark study shows new credit card surcharge did not cause shift towards greater cash payments
Denmark reopens temporary collateral facility
National Bank of Denmark expands collateral framework to include shares of 12 listed companies; 20% haircut will be applied to assets
Denmark’s Bernstein optimistic on consumption-led recovery
National Bank of Denmark governor Nils Bernstein says private sector savings will drive consumption and investment to more normal levels
Denmark hires assistant governor, promotes two department heads
Jens Lundager returns to central bank as assistant governor and head of financial markets; Karsten Biltoft and Frank Nielsen promoted to director level
Denmark’s Bernstein cites fiscal, Basel III worries
National Bank of Denmark governor Nils Bernstein says Copenhagen must keep tight rein on debt; banks must resolve adjustable rate loan refinancing issues
Nordic and Baltic regions strike financial stability deal
Eight Nordic and Baltic countries sign Memorandum of Understanding on cross-border financial stability and crisis management
Denmark’s Bernstein explains new investment income estimation method
National Bank of Denmark governor Nils Bernstein says new method will enhance analysis of balance of payment movements
Denmark’s Bernstein proposes UK-style merger between central bank and regulator
National Bank of Denmark director Nils Bernstein says collaboration between the central bank and Financial Services Authority will sharpen supervisory powers
Denmark shoots down covered bonds idea
Danish governor argues against reforms to adjust requirements on covered bond collateral but concedes change is necessary
Sovereign risk worries overstated: panel
Debt experts from Bank of Italy, National Bank of Denmark and French debt agency point to reassuring signs of continuing life in the sovereign debt markets
Danish central bank sees profit drop 41%
National Bank of Denmark reports $500m tailing off in profits for 2009, puts development down to interest rate changes
An improved model for predicting direct investment equity income
Paper from the Danish central bank finds that combining past profitability and change in expected consumption growth provides a better forecast
Denmark names professor new economics head
University of Copenhagen’s Peter Birch Sørensen to move to the National Bank of Denmark in April
Denmark surprises with second cut in a week
National Bank of Denmark cuts key rate by a further ten basis points on Thursday in a bid to hold back krone
Denmark lops off 5 basis points to contain krone
National Bank of Denmark cuts its key rate to 1.15%, as the latest in a series of reductions since last August to halt krone appreciation
Denmark gets new assistant governor
Head of economics at National Bank of Denmark promoted
Rate decisions this week
Korea, New Zealand hold but indicate tightening soon to come. Bank of England and Bank of Canada maintain policy stance, along with Peru and Brazil as Denmark and Iceland cut
Debt managers responded to crisis with flexibility
National Bank of Denmark’s Jens Thomsen says debt management offices better accommodate investors’ needs as a result to the crisis
Danes naturals for mobile payments
National Bank of Denmark research suggests that Danish consumers should utilise mobile payments more
Denmark makes third cut in six weeks
National Bank of Denmark shaves a tenth of a percentage point of key rate
Danes set to avoid euro vote – report
Report says Copenhagen will not hold euro referendum on waning support for single currency
Denmark cuts for second time in a month
National Bank of Denmark lowers lending rate by a tenth of a percentage point. Iceland holds to promote appreciation
Denmark cuts to halt krone rise
National Bank of Denmark lowers lending rate by a tenth of a percentage point. Iceland holds to promote appreciation