Danish lender Danske Bank has posted positive loan loss reversals for the second quarter, but said impairments were continuing within its shipping and offshore portfolios.

Reversals totalled DKK 231m ($35.91m) to 30 June, against losses of DKK 22m a year ago.

Net interest income was up at DKK 5.69bn from DKK 5.48bn, while net profit was 4.79bn, against DKK 4.41bn.

Credit quality continued to be solid, it said, with loan impairment charges low, aside from shipping and offshore.