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Nordea CEO is calm about impaired loans

Nordea's impaired loans in the second quarter were under pressure from further provisions for the oil and offshore sector, a trend which players will likely have to get used to, says the bank's CEO, Casper von Koskull.
Photo: Wintershall
Photo: Wintershall
BY NIKLAS KRIGSLUND

Impaired loans  for major shipping bank Nordea were pressured by further provisions issued to the oil and offshore sector. Likely, this will not be a one-off event but rather a tendency which players will have to get used to, says Nordea's CEO Casper von Koskull.

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