Danske ups the ante on debt recovery

Danish lender Danske Bank has stepped up its legal campaign against errant borrowers, initiating more than 65 High Court actions in the last month alone.

27th October, 2013

Danish lender Danske Bank has stepped up its legal campaign against errant borrowers, initiating more than 65 High Court actions in the last month alone.

New data reveals that Danske has issued more than 300 separate proceedings in the High Court this year as it seeks to work its way through its troubled loan book.

According to legal information specialists MyLegalDiary, which compiles data on court cases, the majority of the cases were related to debt collections...

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