Division 5.3 Deposits: FIH will not offer more favourable prices for deposit products (notably but not exclusively for retail deposits in FIH Direct Bank) than the two best priced competitors in a given market.
United Kingdom
The restriction does not apply if FIH’s share of the total deposit market is less than 5 %f1.
Annotations
Footnotes
- f1
-
FIH’s share of the market is derived from the Danish Central Bank’s MFI-statistics (www.statistikbanken.dk/DNMIN). It is based on the total amount of deposits from Danish residents in the Danish MFI sector relative to deposits from Danish residents in FIH.