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What Does The Expiration of Bank Package 1 Mean for You?

By Henning Hansen and Morten Munch Both wealthy private individuals and companies should, after the expiration of Bank Package 1, consider deposits in financial institutions, in order to avoid the situation that a possible suspension of payments or bankruptcy of the financial
institution will cause the deposits to be forfeited and only to be lodged as a claim in the estate of the financial institution, resulting in a considerable loss. Read more in this newsletter.
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