March 10, 2020 / 4:38 PM / a month ago

Demark's financial sector stability not affected by coronavirus -FSA

March 10 (Reuters) - The stability of the Danish financial sector has not been affected by the coronavirus outbreak, and was well capitalized, Denmark’s Financial Supervisory Authority (FSA) said on Tuesday.

The stress tests showed Danish banks were able to cope with much worse outcomes than is expected as a result of the coronavirus outbreak, it added in a statement.

Reporting by Nerijus Adomaitis in Oslo; editing by David Evans

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