Jyske Bank's exposure to Max Bank


Silkeborg, 2011-10-10 08:26 CEST (GLOBE NEWSWIRE) --  

NASDAQ OMX Copenhagen A/S
 
 
 
   
Jyske Bank’s exposure to Max Bank
 
In view of the latest developments of Max Bank, we point out that
Jyske Bank has no credit exposure in the form of credit facilities at, bond
holdings or shares in Max Bank.
 
The Danish banking sector must expect a loss in connection with the
Guarantee Fund for Depositors and Investors’ coverage of secured deposits
at Max Bank. Jyske Bank’s recently calculated share of the sector’s
obligations towards the Guarantee Fund for Depositors and Investors
amounts to 7.12%.
 
For the time being, Jyske Bank has no further comments on the situation of
Max Bank.
 
 
 
Yours sincerely,
 
 
 
Anders Dam                                                             Niels Erik Jakobsen
Managing Director and CEO                            Managing Director
 
 

 


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