Another interesting observation is that among the 10 banks identified before the crisis as having the highest exposures to the property sector, 8–9 have subsequently become distressed. So the conclusion is that relatively simple key ratios can be used to identify the banks that could be at risk.
Aggressive lending growth combined with property speculation is the single factor with the greatest impact on the banks that have folded. *** Seen in a broader perspective, Denmark has navigated the financial crisis fairly well so far.