Bloomberg News

Danske Bank Says It Doesn’t Need Capital After Passing EBA Test

October 27, 2011

Oct. 27 (Bloomberg) -- Danske Bank A/S said it passed a capital exercise by the European Banking Authority and doesn’t need more capital.

Danske Bank said the EBA calculated its core tier 1 capital ratio at 11.5 percent, compared with an EBA limit of 9 percent.

Link to Statement:{NSN LTPMKO3V7U9S <GO>}

To contact the editor responsible for this story: Frances Schwartzkopff at fschwartzko1@bloomberg.net


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