In the first instance Danmarks Nationalbank's lending comprised discounting bills of exchange for the business sector and extending loans against securities as collateral, and subsequently also against mortgages on property. As the monetary system stabilized, there was great demand for credit and soon the Jutland region requested that a branch of Danmarks Nationalbank be established there. This wish was granted and the first branch was opened in Århus. This branch was discontinued in 1989.
Last update: 05/13/2011
Danmarks Nationalbank
Havnegade 5
DK - 1093
Copenhagen K
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