Sweden's Swedbank has reversed impairments in the second quarter due to what it called a balanced credit portfolio.
The shipping lender and advisor said the reversals totalled SEK 135m ($15.21m) against impairments of SEK 400m in the same period of 2017.
"Swedbank’s credit portfolio is well-balanced with low risk and low credit impairments," it said.
"Baltic banking and large corporates and institutions both reported positive credit impairments, partly due to reversals, while Swedish banking reported credit impairments."
