DNB: Offshore faces long-term challenges
![Photo: PR-foto: Olav Mellingsæter/DNB](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article8262976.ece/ALTERNATES/schema-16_9/rune--bjerke-ceo-dnb-version3.jpg)
One of the largest shipping banks in the world, Norway's DNB, has made large-scale impairments on its loans and guarantees in the first months of the year. Altogether, the bank booked a deficit of USD 127.40 million adjusted for sale of portfolios and non-performing loans. During the same period last year, impairments totaled USD 73 million, according to the bank's first quarter interim report for 2016.
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