Bank Robberies Fall to Zero for First Time in Cashless Denmark

Jan. 3, 2023, 12:43 PM UTC

Bank robberies are becoming a thing of the past in cashless Denmark as the Nordic country recorded its first year of zero holdups in 2022.

Criminals have found it no longer pays off to walk into bank branches in search of a bag of crisp notes, as falling cash use in society has pushed banks to trim costs by pulling cash services from most branches.

In 2021, Denmark only had one bank robbery, according to data from Finance Denmark, the country’s largest industry group for lenders. That’s down from 222 just two decades ago.

Danes increasingly use cards and ...

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