Company Announcement No. 25/2011
Results of EU capital exercise
The European Banking Authority (EBA) included Danske Bank in the group of 71 European banks covered by its capital exercise. The exercise was an update of the one conducted in October. It was intended to clarify whether there is a need for recapitalisation among European banks.
The EBA set the limit for passing at a core tier 1 capital ratio of 9%. According to the final results from the EBA, Danske Bank’s core tier 1 capital was calculated at 13.8%. Danske Bank’s capital is thus well above the EBA’s limit, and the Bank has no need for additional capital.
The results of the EBA’s capital exercise are enclosed and will also be available at www.danskebank.com/IR.
"Once again, the test results confirm that Danske Bank has a very strong capital base and that we are one of the best-capitalised banks in Europe," says Henrik Ramlau-Hansen, Chief Financial Officer of Danske Bank.
Danske Bank A/S
Henrik Ramlau-Hansen, Chief Financial Officer, tel. +45 45 14 06 66
Kenni Leth, Group Press Officer, tel. +45 45 14 56 83/+45 51 71 43 68
Download the results of the EBA’s capital exercise (PDF)
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