It is of paramount importance to financial stability that our supervisory authority has the competences to match the large banks. And it is equally important that we have a resolution authority with the necessary insight and resources to resolve the largest Danish banks. It is considerably easier to build up and maintain such supervisory powers if you have many "customers".
As the incumbents, they may need to leverage their comparative advantage to improve their customer relationships, change their internal processes, mindset, and internal structures. Some banks have already adopted the ways of the fintech companies by employing technology for making credit-decisions in a limited way. Many have started using credit scoring models for retail and SME borrowers.