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.

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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