What are Danske Bank’s capital targets?
At the beginning of 2008, the Group’s minimum capital targets for its core capital and solvency ratios were 7.5% and 11.0%, respectively. At the end of 2008, these capital targets no longer formed the basis for optimum solvency level management because the Group believes that higher minimum targets will be needed in response to the international financial turmoil. In light of this situation, the Group will revise its capital targets when conditions in the financial markets have been clarified.
