Nordic lender Nordea has seen net loan losses fall in the third quarter as shipping in general improved.
Depreciation, amortisation and impairments of tangible and intangible assets rose to EUR 87m against EUR 70m a year ago.
But net loan provisions decreased to EUR 44m ($50m) from EUR 59m in the second quarter and the loan loss ratio fell to 8 basis points (bps) from 10 bps.
