COPENHAGEN, Oct 1 (Reuters) - Denmark’s Systemic Risk Council said on Tuesday it proposes that the government further increases the so-called counter-cyclical buffers for banks to 2% from 1.5% from end-December 2020.
It said it will propose an additional increase of 0.5 percentage points in the buffer in the first quarter of 2020 unless there is a slowdown in the banks’ risk accumulation. (Reporting by Stine Jacobsen; Editing by Jacob Gronholt-Pedersen)
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