ShippingWatch

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.

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