This is a rough sketch of the situation we faced in the late afternoon on Friday, 22 August. Danmarks Nationalbank regards this situation as very serious. We find that the circumstances of Roskilde Bank now pose a considerable threat to financial stability in Denmark.
An important factor in this context is that several other Danish banks are also relying on the international capital markets as a source of financing. Consequently, any losses on loans to Roskilde Bank may have an adverse knock-on effect on other Danish banks.