The finance minister, Brian Mikkelsen, will be in London today and tomorrow along with representatives of the Danish capital to help promote Copenhagen as a financial centre.
The trip is part of the project ‘Consider Copenhagen’, which aims to promote the capital as a highly-respected financial environment, particularly within asset management and FineTech.
“Brexit could mean that a significant number of the companies and jobs at present in London will be looking towards new cities within the EU borders. And here I naturally see Copenhagen as an obvious candidate,” said Mikkelsen.
“Denmark has a highly-educated workforce, a flexible labour market and a stable political and economic climate. Moreover, the Danes are good at accepting new digital financial solutions. Within digital signatures and mobile banking solutions, Denmark is among the world leaders.”
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Pension power
Mikkelsen maintained that the presence of massive pension firms in Copenhagen also lends weight to its having the fundamentals for being a financial centre.
Danish pension assets total over 4 trillion kroner – which is the equivalent to twice Denmark’s GDP (Gross Domestic Product).
This means that Denmark not only has a dynamic environment for asset management, but also possesses potent competencies in the area, according to the Finance Ministry.
