Source: Danmarks Nationalbank
The increase in private customers’ deposits in 2024 was evenly split between demand deposit accounts and fixed term deposit accounts, at kr. 32 billion and kr. 31 billion, respectively. Of the increase in private customers’ fixed term deposits, kr. 18 billion was linked to pooling schemes. These typically include pension and children’s savings, which banks invest on behalf of customers. The returns from pooling schemes, which reflect the performance of the investments, are typically credited to private customers’ deposit accounts in December.