Expect increased losses and demand from NFC
In Danmarks Nationalbank's lending survey for the 1st quarter of 2020, credit managers in 8 of the 17 surveyed banks report an increase in losses on corporate lending. All 17 banks expect their corporate loan losses to increase further in the 2nd quarter. Furthermore, 14 of the banks expect their losses on loans to private customers to increase. The lending survey was conducted after the government in mid-March conducted a series of temporary measures to reduce infection-spreading of coronavirus.