The claims of unsecured creditors will be converted into equity or written down. Tax payers will no longer have to help clear up the mess left by irresponsible banks. In the debate on the Banking Union it is now and then argued that – if we participate – Danish banks risk having to pay for problems experienced by banks in other member states.
That is why we have spared no effort in making our new notes the best they can be: the design is appealing, yet classy, the security features incorporate the most up-to-date technologies, and the notes include special aids for the visually impaired.