Nordea's shipping loss decreases

Nordea had to perform an impairment of almost USD 44 million on its shipping segment in the second quarter, but the bank is seeing positive signs in the quarter, according to the bank's financial report.

Approximately USD 44 million. That's how much major shipping bank Nordea had perform in impairments on its shipping segment, according to the Group's financial report, published Wednesday.

Impairments on loans for the shipping sector amounted to 34 million euros, down from the previous quarter where impairments totalled 40 million euros.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Related articles

Latest news

See all jobs