Danske Bank A/S Q1 2020 Pre-Close Call Transcript - Thomson StreetEvents

Danske Bank A/S Q1 2020 Pre-Close Call Transcript

Danske Bank A/S Q1 2020 Pre-Close Call Transcript - Thomson StreetEvents
Danske Bank A/S Q1 2020 Pre-Close Call Transcript
Published Apr 03, 2020
Published Apr 03, 2020
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About This Report

  
Abstract:

Edited Transcript of DANSKE.CO conference call or presentation 3-Apr-20 12:00pm GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Danske Bank A/S
Ticker
DANSKE.CO
Time
12:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Sofie Caroline Elisabet Peterzens - JP Morgan Chase & Co, Research Division - Analyst : Here is Sofie from JPMorgan. I was wondering if you could just give a little bit more detail how we should think about the guarantee schemes that you have in Denmark. And I know you mentioned that you see a good deal of -- lot of applications. But how should we think -- if you can just give a little bit more details on the guarantee schemes that you have in place, that would be great.

Question: Sofie Caroline Elisabet Peterzens - JP Morgan Chase & Co, Research Division - Analyst : Okay. But the 70% guarantee you rank pari-passu with the government or you take the first loss?

Question: Sofie Caroline Elisabet Peterzens - JP Morgan Chase & Co, Research Division - Analyst : Okay. And is there any max maturity on the government-guaranteed loan?

Question: Sofie Caroline Elisabet Peterzens - JP Morgan Chase & Co, Research Division - Analyst : So is there an easier way where you could issue third year loan, which is government-guaranteed for 30 years or...

Question: Sofie Caroline Elisabet Peterzens - JP Morgan Chase & Co, Research Division - Analyst : Okay. And in terms of your capital, should we expect any impact from FX or New York or equity Tier 1? Or should we expect FX to largely have no impact? without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies.

Question: Sofie Caroline Elisabet Peterzens - JP Morgan Chase & Co, Research Division - Analyst : Okay. And for how long is this in place? Or is it a rolling 12 months?

Question: Sofie Caroline Elisabet Peterzens - JP Morgan Chase & Co, Research Division - Analyst : Okay. And apologies, but I was a little bit late to the call so I missed, I think the details on net interest income, so I was wondering if you could just give me the sensitivity to rate hike? What's the net interest income sensitivity is?

Question: Sofie Caroline Elisabet Peterzens - JP Morgan Chase & Co, Research Division - Analyst : And how much of the DKK 1 billion is in Denmark?

Question: Martin Leitgeb - Goldman Sachs Group Inc., Research Division - Analyst : Just 2 questions from my side, please. And the first one, in terms of impairments. So thank you very much for the comments on IFRS 9 and how to think about the various models there. But I'm just wondering in terms of underlying asset quality as we head into the quarter and into the next without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies.

Question: Martin Leitgeb - Goldman Sachs Group Inc., Research Division - Analyst : Yes, I was just wondering if you can share any -- if there's any comments you can share on the underlying asset quality, how it has evolved so far in the quarter. So I'm not sure in terms of what is out there in the public domain, whether in terms of unemployment, whether in terms of corporate defaults, whether there's anything which changed meaningfully, which you think might be worth highlighting at this stage for the first quarter?

Question: Martin Leitgeb - Goldman Sachs Group Inc., Research Division - Analyst : Maybe to follow up on that oil exposure. Could you just share what your exposure to offshore is at this stage in terms of the AD?

Table Of Contents

Danske Bank A/S to Discuss the Changes to the Organization and the Executive Leadership Team Call Transcript – 2020-08-25 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 25-Aug-20 11:00am GMT

Danske Bank A/S Q2 2020 Earnings Call Transcript – 2020-07-17 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 17-Jul-20 10:30am GMT

Danske Bank A/S Q2 2020 Pre-Close Call Transcript – 2020-06-22 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 22-Jun-20 12:30pm GMT

Danske Bank A/S Q1 2020 Earnings Call Transcript – 2020-04-30 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 30-Apr-20 12:30pm GMT

Danske Bank A/S Q1 2020 Earnings Press Conference Transcript – 2020-04-30 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 30-Apr-20 8:00am GMT

Danske Bank A/S Q4 2019 Earnings Call Transcript – 2020-02-05 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 5-Feb-20 1:30pm GMT

Danske Bank A/S Pre Close Call Transcript – 2020-01-10 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 10-Jan-20 1:00pm GMT

Danske Bank A/S Q3 2019 Earnings Call Transcript – 2019-11-01 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 1-Nov-19 1:00pm GMT

Danske Bank A/S Q2 2019 Earnings Call Transcript – 2019-07-18 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 18-Jul-19 11:00am GMT

Danske Bank A/S Q1 2019 Earnings Call Transcript – 2019-04-30 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 30-Apr-19 12:30pm GMT

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Thomson StreetEvents. "Danske Bank A/S Q1 2020 Pre-Close Call Transcript" Apr 03, 2020. Alacra Store. May 08, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Danske-Bank-A-S-Q1-2020-Pre-Close-Call-T13092219>
  
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Thomson StreetEvents. (2020). Danske Bank A/S Q1 2020 Pre-Close Call Transcript Apr 03, 2020. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Danske-Bank-A-S-Q1-2020-Pre-Close-Call-T13092219>
  
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