Carnegie Bank A/S to join the Danish guarantee fund

Carnegie Bank A/S has decided to contribute to the guarantee fund that the Danish government and the Danish banking sector’s private contingency body, Det Private Beredskab, have established.

The guaranteee fund will be in operations for two years and is a supplement to the government’s deposit insurance. The fund will protect the deposits in Danish banks and is being funded by contributions from banks in Denmark.

As payment for the state guarantee Carnegie Bank A/S will pay an estimated premium of DKK 8 million over two years and may be obliged to pay an estimated further DKK 10 million.