Flood risk can potentially affect a large share of credit institutions' exposure

Analysis - June 2021 - No. 13

Authors Jygert, Lasse; Mirone, Giorgio
Subject Financial stability; Financial sector; Climate
Type Analysis
Year 2021
Published 10 June 2021
Abstract icon Danish credit institutions have substantial exposures collateralised by real estate at risk of flooding in future climate scenarios. These exposures could amount to kr. 200 billion by the end of this century. Some credit institutions have a large share of the exposures at risk concentrated in the same geographical area.