Credit reporting expands access to finance, especially for lower income consumers and MSMEs and plays a key role in improving the competitiveness and efficiency of banks by reducing loan processing costs as well as the time required to process loan applications.
Speech by Governor Torbenielsen I will start out giving an outline of the Danish financial system and the changing Nordic banking landscape. I will then talk about the role of Danmarks Nationalbank in safeguarding financial stability. Looking ahead, one of our priority areas is stress testing of the Danish financial system.