Bloomberg News

Banks Operating in Finland Don’t Need Recapitalization: FSA

October 27, 2011

Oct. 27 (Bloomberg) -- Banks operating in Finland aren’t in need of recapitalization, the Helsinki-based Financial Supervisory Authority said in an e-mailed statement today, citing calculations by the European Banking Authority.

The OP-Pohjola Group, Sweden’s Nordea Bank AB and Denmark’s Danske Bank A/S were included in the EBA assessment, the Finnish watchdog said.

To contact the editor responsible for this story: Kati Pohjanpalo at kpohjanpalo@bloomberg.net


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