Nordic shipping lender Nordea has seen loan losses fall in the fourth quarter, but its annual figure is still worse than 2015.
The figure for the final three months was EUR 129m ($139m), against EUR 142 in 2015.
But the 2016 total was up at EUR 502m compared to EUR 479m.
The bank said its credit quality remained “solid”, with impaired loans down by 3% from the previous quarter.
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