The Local Denmark https://feeds.thelocal.com/ Read the latest news and views from Denmark in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Millionaires to be hit by negative interest rate at Danish bank Jyske Bank is set to become the first major lender in Denmark to apply negative interest to customers’ savings accounts. https://www.thelocal.dk/20190820/millionaires-to-be-hit-by-negative-interest-rate-at-danish-bank Tue, 20 Aug 2019 15:01:24 +0200 millionaires-to-be-hit-by-negative-interest-rate-at-danish-bank Denmark officially kills the cheque In a country where even the smallest purchases are routinely carried out with the national debit card, Dankort, and people increasingly use smartphone payment systems like the incredibly popular MobilePay, writing a cheque seems hopelessly outdated. https://www.thelocal.dk/20161229/denmark-officially-kills-the-cheque Thu, 29 Dec 2016 11:43:58 +0100 denmark-officially-kills-the-cheque Danske Bank profits plunge on writedowns Despite a ten percent revenue growth, "expected weaker long-term macroeconomic developments" made 2014 a tough year for Danske Bank. https://www.thelocal.dk/20150203/danske-bank-profits-plunge-on-goodwill-writedown Tue, 03 Feb 2015 17:24:00 +0100 danske-bank-profits-plunge-on-goodwill-writedown Danish banks passed European stress test Denmark's four largest banks passed the European Central Bank's assessment but all four will face large write-downs. https://www.thelocal.dk/20141027/danish-banks-passed-european-stress-test Mon, 27 Oct 2014 09:08:23 +0100 danish-banks-passed-european-stress-test Denmark's central bank to stop producing money With more and more people paying with credit cards and their smartphones, Denmark’s central bank Nationalbanken says it no longer pays to print banknotes or mint coins. https://www.thelocal.dk/20141021/denmarks-central-bank-to-stop-producing-money Tue, 21 Oct 2014 11:31:40 +0200 denmarks-central-bank-to-stop-producing-money Central bank nearly halves growth outlook Nationalbanken's growth predictions are significantly less optimistic than previously stated and warn that Denmark could end up on the wrong side of the EU's budget deficit threshold. https://www.thelocal.dk/20140924/central-bank-nearly-halves-growth-predictions Wed, 24 Sep 2014 10:47:22 +0200 central-bank-nearly-halves-growth-predictions Central bank brings back negative deposit rate Nationalbanken follows the lead of the European Central Bank and lowers its deposit rate to -0.05 percent. https://www.thelocal.dk/20140905/central-bank-brings-back-negative-deposit-rate Fri, 05 Sep 2014 10:23:44 +0200 central-bank-brings-back-negative-deposit-rate Fraud squad has new charge for Realkredit The Danske Bank unit Realkredit Danmark faces accusations of leaking insider information and price manipulation. https://www.thelocal.dk/20140721/public-prosecutor-accuses-realkredit-of Tue, 22 Jul 2014 01:15:00 +0200 public-prosecutor-accuses-realkredit-of Nordea to cut 100 jobs in Denmark The bank released strong quarterly results on Thursday but its overall savings plan is likely to eliminate Danish jobs. https://www.thelocal.dk/20140717/nordea-to-cut-100-jobs-in-denmark Thu, 17 Jul 2014 11:10:00 +0200 nordea-to-cut-100-jobs-in-denmark