CRDCRD

CRD stands for Capital Requirements Directive. It is an EU directive regulating the capital adequacy of banks and financial institutions. CRD, which is based on Basel II, replaced the existing rules in 2007. There will be a transition period until 2010.

Many analysts have called the introduction of the CRD one of the most important changes in the banking industry in recent years - more significant than the introduction of IFRS. The CRD is important since it affects two of the most essential drivers of value creation: Capital and Risk management.

Get an overview of some of the CRD-related reports published by different stock brokers.
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OverviewOverview

Tonny Thierry Andersen
Video
Danske bank has released two videos in which CFO Tonny T. Andersen explains:
The Danish FSA approval to apply the most advanced internal ratings-based approach (Nov. 2007) 
Fundamentals of the CRD (2006)
 
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What is CRD
This section gives you a quick introduction to the changes in the banking industry under the CRD and their effect on Danske Bank. 

Read "What is CRD?"
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Why is CRD important
Risk and capital management is one of Danske Bank's core competencies and key factor in providing a high, stable return to shareholders.

Read "Why is CRD important?"
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The three pillars
This section explains what the three pillars are and Danske Bank's relation to them.

Read about the three pillars
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Newletters and Quiz
On these pages you can read our newsletters or try the CRD quiz.

Read our newsletters
Try our quiz
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FAQ and Glossary
We have compiled the most frequently asked questions about CRD and a glossary.
See the questions and answers in FAQ
Look a word up in the glossary
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External links
We have gathered useful external links to sites with information related to the CRD.

See the external links

Learn moreLearn more

Risk and capital management

Danske Bank publishes an interactive report regarding the Groups's risk and capital management.

See the interactive report for 2007

The capital requirements directive

The capital requirements directive is an EU directive.

Download the directive