DNB has logged a record profit from corporate clients as shipping lending jumped in the second quarter.

The major Norwegian bank said its maritime portfolio increased by NOK 3.51bn ($340m) to 30 June, reaching NOK 39.39bn, from NOK 35.88bn in the first quarter.

Loans in the final stage of restructuring totalled NOK 211m, compared with NOK 204m in the previous three months.