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 Can you really get paid for borrowing money in Denmark? Last week, the Realkredit Denmark financial institution paid, for the first time, negative interest to a customer—meaning the customer was effectively paid for taking out a mortgage. https://www.thelocal.dk/20190819/can-you-really-get-paid-for-borrowing-money-in-denmark Mon, 19 Aug 2019 17:19:37 +0200 can-you-really-get-paid-for-borrowing-money-in-denmark Lender to launch Denmark's cheapest ever mortgage Mortgage provider Realkredit Danmark will next week start offering Denmark's cheapest ever 30-year mortgage, with an interest rate of just 0.5 percent per year. https://www.thelocal.dk/20190802/bank-to-launch-denmarks-cheapest-ever-mortgage Fri, 02 Aug 2019 15:58:14 +0200 bank-to-launch-denmarks-cheapest-ever-mortgage Brexit gives Danes new record cheap home loans With Brexit having created instability on the global financial markets, there has never been a better time to take out a home loan in Denmark. https://www.thelocal.dk/20160628/brexit-gives-danes-new-record-for-cheap-home-loans Tue, 28 Jun 2016 10:56:04 +0200 brexit-gives-danes-new-record-for-cheap-home-loans Danish central bank slashes rates again Denmark's central bank cut its deposit interest rate Thursday for the second time in a week to maintain its currency peg against the euro. https://www.thelocal.dk/20150129/danish-central-bank-slashes-deposit-rate-again Thu, 29 Jan 2015 19:14:00 +0100 danish-central-bank-slashes-deposit-rate-again Danish rates risk record lows after Swiss shock Denmark’s central bank could be forced to cut its deposit rate to record lows later this year after Switzerland’s central bank scrapped the franc's cap against the euro, according to Danish analysts. https://www.thelocal.dk/20150116/denmarks-interest-rates-risk-record-lows-after-swiss-shock Fri, 16 Jan 2015 13:28:00 +0100 denmarks-interest-rates-risk-record-lows-after-swiss-shock 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