Denmark: Financial Sector Assessment Program-Technical Note-Competition in the Banking Sector

March 23, 2007

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Format: Chicago

Denmark: Financial Sector Assessment Program-Technical Note-Competition in the Banking Sector, (USA: International Monetary Fund, 2007) accessed December 22, 2024

Summary

This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly competitive and efficient banking sector. Measured by various indicators, efficiency of banking intermediation has been improving in recent years. The banking sector has become concentrated, and profitability of banks is relatively high and growing. The Danish Bankers Association and the Danish Consumers Association, in collaboration with the Danish Financial Supervisory Authority, should continue efforts to promote the transparency of pricing and quality of different products and services offered by banks.

Subject: Banking, Commercial banks, Competition, Deposit insurance, Financial crises, Financial institutions, Financial markets, Foreign banks, National accounts, Personal income

Keywords: Bank, Bank client, Bank concentration ratios, Bank depositor, Bank substitute, Banking sector, Barrier to entry, Break, Commercial banks, Competition, CR, Denmark, Deposit insurance, EU bank, EU country, Foreign banks, ISCR, Northern Europe, Personal income, Western Europe

Publication Details

Pages:

31
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/122
Stock No:

1DNKEA2007007
ISBN:

9781451811193
ISSN:

1934-7685

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