Macroprudential measures – Denmark

The Danish macroprudential authority decided to set a 7% sectoral SyRB on all exposures in Denmark to non-financial corporations operating in the real estate sector. The latest notification is an adjustment to that measure (exemption for exposures with an LTV between 0% and 30%, inclusion of IRB model add-ons in the calculation of the risk-weighted exposure, and excluding the “real estate activities on a fee or contract basis” sub-sector from the application of the measure).

The Czech National Bank is not reciprocating this measure, as the relevant exposure of domestic banks is immaterial in relation to the materiality threshold. However, the Czech National Bank will continue assessing relevant exposures and stands ready to amend its decision if necessary.

Prague, 21 October 2026