The Systemic Risk Council

The work of the Council seeks to prevent and reduce systemic financial risks that may put the economic development under stress.

Read more about our work

  • Press release

    Press release after 48th meeting

    1 April 2025

    Global trade conflicts and uncertainty about the geopolitical situation are affecting the risk outlook. In Denmark, the financial sector remains robust. Credit growth is moderate, financial institutions expect decent results for 2025, and the Danish economy is expected to grow further this year. Economic growth in Denmark is increasingly driven by a few large export corporations, and the Systemic Risk Council discussed this so-called dichotomy of economic growth and its impact on financial stability in Denmark. Based on the current risk outlook, the Council recommends maintaining the countercyclical capital buffer in Denmark at 2.5 per cent. In regards to Greenland, the Council continues to recommend the planned phase-in of the countercyclical capital buffer.

    Press release after 48th meeting

  • Greenland

    Activation of the countercyclical capital buffer in Greenland

    1 October 2024 

    The Systemic Risk Council recommends to the Minister for Industry, Business and Financial Affairs to activate a countercyclical capital buffer at a rate of 0.5 per cent in Greenland from 1 January 2026, increasing to 1.0 per cent from 1 July 2026.

     Read more here

     

Press release

Press release after 48th meeting

1 April 2025

Global trade conflicts and uncertainty about the geopolitical situation are affecting the risk outlook. In Denmark, the financial sector remains robust. Credit growth is moderate, financial institutions expect decent results for 2025, and the Danish economy is expected to grow further this year. Economic growth in Denmark is increasingly driven by a few large export corporations, and the Systemic Risk Council discussed this so-called dichotomy of economic growth and its impact on financial stability in Denmark. Based on the current risk outlook, the Council recommends maintaining the countercyclical capital buffer in Denmark at 2.5 per cent. In regards to Greenland, the Council continues to recommend the planned phase-in of the countercyclical capital buffer.

 

Recommendation

Activation of the countercyclical capital buffer in Greenland

1 October 2024 

The Systemic Risk Council recommends to the Minister for Industry, Business and Financial Affairs to activate a countercyclical capital buffer at a rate of 0.5 per cent in Greenland from 1 January 2026, increasing to 1.0 per cent from 1 July 2026.

Meetings in 2025

Members of the Council

By law, the Council consists of the following members:

  • Two representatives from Danmarks Nationalbank, one being the chairman of the Board of Governors of Danmarks Nationalbank and chairing the Council.
  • Two representatives from the Danish Financial Supervisory Authority.
  • One representative from each of the following economic ministries: Ministry of Industry, Business and Financial Affairs, Ministry for Economic Affairs and the Interior and Ministry of Finance.
  • Three independent experts with knowledge of financial matters.
Picture of the members of the Council