COPENHAGEN (Reuters) – Denmark’s financial watchdog has launched an investigation into how Danske Bank
Danske said on Monday that due to errors in its IT system, it had collected outdated or excessive debt, and that it was currently reviewing all potential cases to ensure customers are fully compensated. [nL8N2FX1W4]
The FSA said in a statement it had trusted the debt collection errors had been rectified, after Danske updated the watchdog about the case in October last year.
The watchdog said it decided to launch an investigation following the news that surfaced on Monday.
Danske Bank did not immediately reply to a request for comment.
(Reporting by Jacob Gronholt-Pedersen; editing by Jason Neely)
