Women in Denmark generally pay higher interest rates on bank loans than men, according to a study of more than 30,000 loans, reported Danish broadcaster, DR.

For example, it found that women pay on average 5.6% more for a cooperative housing loan than men. The research was conducted by bank comparison portal Mybanker and examined housing loans, car loans and consumer loans.

Women do not as often as men attempt to negotiate a better price on their loans, said Mybanker's CEO Marlene Nørgaard Carolus, according to DR. While the gender price gap is not necessarily caused by discrimination by the banks, financial institutions are still an important part of the solution, and they need to be better at communicating to women, she said.

Finance Denmark, the body representing banks in the country, did not wish to comment to DR on the figures, but said it is up to individual banks to price their products.