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The situation at Roskilde Bank is worse than originally anticipated. An external audit shows that the bank’s result for the first six months of 2008 has depreciated a further one billion kroner, pushing the bank below the Danish Financial Supervisory Authority’s solvency requirements.
No buyers
Further funds must be made available before August 29.
No buyers have shown themselves, forcing the central bank Nationalbanken and Det Private Beredskab til Afvikling af Nødlidende Banker, Sparekasser og Andelskasser to offer to take over the bank and create a new bank. The Roskilde Bank board has accepted a takeover.
