The company at a glance
The Financial Stability Company was established in October 2008 as part of an agreement between the Danish State and the Danish financial sector (the Private Contingency Association) on a scheme to secure financial stability in Denmark. This agreement was reached in response to the international crisis and the impact it was having on the financial sector.
The Financial Stability Company is state-owned through the Danish Ministry of Business Affairs. The Company’s activities are governed by the Act on Financial Stability and the Financial Business Act and executive orders issued in pursuance thereof. In addition, the Company is subject to special provisions regarding state-owned companies.
The objects of the Company is to contribute to ensure financial stability in Denmark, including winding-up of distressed banks which decide to be wound up under the Financial Stability Company.