The Nordic banking giant's losses and impairments on shipping and offshore amounted to zero in the third quarter, according to its quarterly report published Wednesday morning.
BY OLE ANDERSEN
Figures for Nordea Bank's losses and impairments on loans to customers within the shipping, offshore and oil services industries came to a clear zero in the bank's results for the third quarter of 2015, released Wednesday morning.
On Dec. 5, all Russian crude oil will be banned in the EU. But oil from the warring country will still flow into the world market, and both the EU embargo and price cap can be circumvented, predicts sanctions lawyer.