CEBS stresstest
According to Anders Dam, Managing Director and CEO:
"The EU-wide stress test confirms Jyske Bank's robust capital position and structure. For both 2010 and 2011, the capital levels calculated were found to be satisfactory, and in both scenarieos the capital position would render it possible for us to pursue our overall strategy.
We are confident about Jyske Bank's exposure to euro-zone sovereign debt. For example, Jyske Bank's exposure to Greece, which essentially consists of short-term bounds, was reduced during the second quarter of 2010 by about EUR 30m by redemption at par. We do not expect to suffer any loss on the euro-zone sovereign bonds in our portfolio," concludes Anders Dam.
More information about the stress-test on these sites:
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