Danske Bank raises interest rates

September 21, 2011

Danske Bank raises interest rates

Danske Bank raises its lending rates by up to 0.50 of a percentage point for both personal and business customers. The rate increase takes effect on 20 October 2011.

The background for the increase is the higher funding costs of Danish and other European banks.

"The turbulence in the international financial markets has made it more expensive for banks in Europe to borrow money. This also affects Danske Bank, even though we are one of the best-capitalised banks in Europe, and is the reason why we have to raise lending rates by up to half a percentage point," says Tonny Thierry Andersen, member of Danske Bank’s  Executive Board.

Danske Bank


Tonny Thierry Andersen, Member of the Executive Board, tel. +45 45 14 07 07
Kenni Leth, Group Press Officer, tel. +45 45 14 56 83, mobile +45 51 71 43 68

Contact usContact us

You can contact us any time at +45 33 44 00 00. 

See contact persons
More contact info

Head office

Danske Bank Group
Holmens Kanal 2-12 1092 Copenhagen K

Find us on a map

Call us at any time

33 44 00 00

Send us a mail More contact info

Direct contacts for

Investors Job seekers Journalists Shareholders Suppliers Corporate Responsibility