|
|
 |
|
Viewing report
|
|
|
|
Bank Industry Risk Analysis: Denmark (Kingdom of) Aug 06
Standard & Poors, Aug 2006
Abstract
Wealthy, diversified, and stable economy Stable profitability and overall strong capitalization Conservative risk culture, supervision, and legislation Except for two of the largest players, geographic diversification is limited and performance is highly dependent on the health of the small Danish economy; Stiff competition and generally low margins; and Highly leveraged household sector. In a global context, Standard & Poor's Rating Services considers the Danish banking systems to be of very low risk. This is reflected by our group 1 Bank Industry Country Risk Assessment (BICRA) ranking for Denmark (out of 10, 1 is the strongest). Similarly ranked banking systems include Finland, the Netherlands, Sweden, and the U.K. The Danish banking system is in good health, underpinned by a stable, open,...
Companies mentioned in this report are: Denmark (Kingdom of),Danske Bank A/S,Nykredit Realkredit A/S,Nordea Bank Danmark A/S,Jyske Bank A/S
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
