Nordea sees improvement of the shipping segment

In the second quarter, Nordea was able to reverse impairment charges worth EUR 27 million from Shipping, Offshore & Oil Services: Assets on the market have been improved, while the bank has also been successful in re-selling loans on the secondary market.

BY RITZAU FINANS & KATRINE GRØNVALD RAUN

Things are looking up in the shipping and offshore industry, if one is to believe the latest numbers from the major Scandinavian bank Nordea’s Q2 financial report.

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