Danske Bank suspends all debt collection in Denmark

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Published: Nov 3, 2021, 09:34 GMT+00:00

COPENHAGEN (Reuters) - Danske Bank said on Wednesday it would suspend all debt collection in Denmark until issues relating to an over-collection of debt case that has led the bank to compensate 7,800 customers.

A Danske bank sign is seen on a bank's headquarters in Copenhagen

COPENHAGEN (Reuters) – Danske Bank said on Wednesday it would suspend all debt collection in Denmark until issues relating to an over-collection of debt case that has led the bank to compensate 7,800 customers.

Danske will repay overcharged debt collection clients around 28 million Danish crowns ($4.36 million), it said, adding it would provide compensation worth around 23 million crowns.

($1 = 6.4198 Danish crowns)

(Reporting by Nikolaj Skydsgaard, Editing by Louise Heavens)

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