Despite this interest, the process remains a considerable mystery, and households’ use of financial services is no exception. For example, many academics, regulators, and bankers have for many years forecast that technological change would end use of the paper check and make the brick-and-mortar bank branch obsolete.
However, Danmarks Nationalbank has also provided guarantees to creditors jointly with the private banks – often on the basis of a government guarantee. In several cases, the involvement of Danmarks Nationalbank has been conducive to a solution with the participation of private banks.