Danske Bank’s shipping credit exposure increased by 2% in the first quarter.
Its gross credit exposure to the sector was DKK 23bn ($3.31bn) at the end of March, compared with DKK 22.5bn at the end of 2023, according to its quarterly report.
Chief executive Carsten Egeriis said: “In the first three months of the year, we saw macroeconomic uncertainty remaining high, not least because of the geopolitical landscape.
