A bank crash means that a bank goes bankrupt. The Danish Financial Supervisory Authority monitors the Danish banks and classifies the banks they believe are in a situation where they may go bankrupt. wbts-forum.org has more notes
When a bank is risk classified, the Danish Financial Supervisory Authority carries out extra supervision of the bank. They do this to see if this development is worsening or whether the bank is coming back on the right track and thereby avoiding a bank crash. If the bank cannot survive, this is initially taken over by Finansiel Stabilitet if another bank does not buy the bank. Then, as far as possible, customers are moved to other banks. You see what is possible of other banks possibly. can buy parts of the cracked bank.
Many Danes are uncertain about how they stand if their bank goes bankrupt. Your regular deposit – that is, the deposit on the salary account and the savings in the bank – is covered by an amount corresponding to EUR 100,000 (currently around DKK 745,000). Special deposits, such as pensions and child savings, are fully covered by bank crashes. In the case of a joint account, for example. If you are a husband and wife who owns the account, it is 2 x 100,000 euro that is covered. If you have both debt and savings, it is your net deposit that is covered. If, for example, you have a savings of DKK 1 million and a debt of DKK 300,000, your net deposit (savings less debt) is DKK 700,000, and you are thus fully covered by bank crashes.
Otherwise, if you are a shareholder in a bank that goes bankrupt. In this case, you lose your money. If you are a shareholder, be aware that it is a very risky investment. It’s like going to the casino. You can make money, as many do, but you can also lose them all. Therefore, good advice is never to invest more money than you can afford to lose again. There is always a risk of bankruptcy. Contact me if your bank has gone bankrupt or on its way to it. It may be that you need help with the process of finding the right bank for compensation. Contact Anna Christie now .