Bank Profits Plunge in Denmark as Negative Rates Take Their Toll

Banks in Denmark have seen their aggregate profits sink this year, according to calculations by the industrys main lobby group, which has repeatedly urged monetary policy makers to provide relief from long-term negative interest rates.

在丹麦银行已经看到了他们的总利润下沉今年，根据业界主要游说团体，已经多次敦促货币政策制定者，从长期负利率提供救济的计算

Industry profits fell 20% in the first half of this year, Finans Danmark said on Monday. Denmarks 17 biggest banks and mortgage lenders reported after-tax profit of 15.6 billion kroner ($2.3 billion), it said in a statement. That compares with profit of 19.4 billion a year earlier.

工业利润在今年上半年下降20％，Finans丹麦周一表示。 Denmarks 17家最大的银行和抵押贷款机构报告的税后利润15.6十亿克朗（$ 2.3十亿），它在一份声明中说。与此相比，去年同期为19.4十亿的利润。

“Banks continue to earn money, but since that peaked in 2017 the trend is clear: banks profits are falling,” Ulrik Nodgaard, who heads the Copenhagen-based organization, said in a statement. “A precondition for banks to meet their obligation to society by supporting growth and development in the economy is robust profits.”

“银行继续赚钱，但由于在2017年达到顶峰的趋势是明确的：银行的利润正在下降，” Ulrik合作Nodgaard，谁负责的哥本哈根的组织表示，一份声明。 “一个前提银行通过在支持经济增长和发展满足他们的义务，社会是稳健的利润。”

Denmark‘s banking industry has dealt with negative rates since 2012. Last week the central bank lowered its key rate to minus 0.75%, matching a crisis low. It also rebuffed industry pleas to offer respite, citing the potential adverse effects on monetary policy, tax coffers and even banks’ profitability.

丹麦银行业已经处理了自2012年起上周央行下调关键利率至负0.75％，与危机低的负率。它也拒绝认罪产业提供喘息的机会，理由是对货币政策，税收库房，甚至银行的盈利能力的潜在不利影响。

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Danish Banks Reject Central Banks Estimates of Negative-Rate Impact

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Finans Danmark wants the central bank to increase the amount of deposits that lenders can hold in current-account facilities, which carry a rate of 0%. Now, the amount is capped at around 31 billion kroner. The remainder of banks excess liquidity goes into longer-term certificates of deposit, at minus 0.75%.

Finans丹麦希望央行提高存款，贷款人可以在经常账户设施，其携带的0％的速度保持量。现在，量在约31十亿克朗封顶。银行剩余流动性过剩进入存款的长期证书，在零下0.75％。

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Negative rates have in years past also benefited the banks, which enjoyed falling impairments. But Nodgaard said those are likely to increase amid a slowdown in growth. At the same time, increases in fees havent been able to offset falling interest income, he said.

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