COPENHAGEN (AFP) - Denmark will halt a state-sponsored unlimited guarantee of all bank accounts in the country that was introduced by at the height of the financial crisis in 2008, the government and most parties in parliament agreed Wednesday.

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To replace the state guarantee, a large parliamentary consensus agreed that banks should together finance a new but limited account guarantee, Danish Economics and Business Affairs Minister Brian Mikkelsen told reporters.

"The state will not finance a single krone of this package. It will be up to the banks themselves to finance calm and stability in the banking sector," Mikkelsen said.

As of October 1 this year, the new package will replace the state-sponsored plan, which went into effect at the end of 2008 and is set to expire on September 30.

Denmark's estimated 140 banking institutions under the new plan will need to come up with up to 750,000 kroner (100,000 euros, 135,000 dollars) per client in the case of a bank bankruptcy, compared to a 300,000-kroner ceiling before the financial crisis.

Morten Boedskov, a spokesman for the main opposition Social Democrats, said Wednesday he was "satisfied with the withdrawal of the state" from the bank guarantee plan.

In an interview with TV2 News, Boedskov pointed out that the 2008 state rescue package for the financial sector "corresponded to three times annual gross domestic product (GDP)."

"We have gone from a situation where the state fully guarantees the banking sector to a situation where the banks must clean house and pay the future bills for (sector) members with irresponsible management that end up in bankruptcy," he said.

Denmark's centre-right government on April 14 will present a bill to parliament which is sure to pass clearing the way for the new package.