Norwegian bank DNB has seen loan impairments jump in the third quarter and is sticking to its dire forecast for the next two years in tough shipping markets.

The lender said loan and guarantee losses were NOK 2.17bn ($262m) to 30 September, compared to a positive figure of NOK 392m in the same period of 2015.

This brings its nine-month figure to NOK 5.67bn.

It