The introduction of new capital adequacy rules led to substantial easing of the capital requirement for Danish banks. Denmark was less severely hit by the banking sector crisis in the early 1990s than the other Nordic countries. This was partly attributable to the high Danish capital requirements that applied before Basel I.
As a champion for microfinance and financial inclusion, and as Chair of the National Strategy for Financial Inclusion (NSFI), the BSP’s interest lies in bridging existing networks to serve as comprehensive platforms to harmonize initiatives and cultivate sectors in need.