Major Oslo-listed lender DNB has logged a big jump in new shipping loans for the second quarter as the domestic economy continued to thrive.

Despite geopolitical turmoil, the bank said its maritime book finished the three months at NOK 42.46bn ($4.15bn), up from NOK 36.66bn on 31 March.

Of this, NOK 188m was in stage 3, the last stage of restructuring before default, against NOK 168m three months earlier.