Oslo-listed lender Nordea has boosted profit in the second quarter amid a reversal of loan losses, but some shipping and offshore clients were still adding to the provision total.
The bank wrote back impairments of €30m ($35m) to 30 June, against loan losses of €698m in the same period of 2020.
"The performance of our credit portfolio remained strong in the quarter, despite the ongoing pandemic," the lender said.
