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Denmark takes steps to avoid property market overheating

Financial regulator investigating whether banks are lending borrowers more than they can afford to repay

Published Wed, Jul 29, 2015 · 09:50 PM
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Copenhagen

DENMARK'S financial regulator is policing banks more closely to ensure lax credit standards aren't fuelling an overheated property market.

The Danish Financial Supervisory Authority (FSA) is investigating whether banks are lending borrowers more than they can afford, according to Kristian Vie Madsen, the Copenhagen-based agency's acting head.

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