Global Trade Alert
Global Trade Alert

Denmark: Rescue aid for Max Bank

Announcement

30 Sep 2011

In September 2011, the government of Denmark announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Oct 2011

Revocation date:

06 Apr 2012

Updated: 30 Sep 2011
Capital injection and equity stakes (including bailouts)

On 30 September 2011, Denmark informed the EC about its intention to support Max bank.
 
Max bank is a 'small-sized' bank with a balance sheet of EUR 1.2 billion (2011). The bank is ...

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