Nordic lender Nordea has reduced loan losses in the second quarter, despite making provisions for Russian exposure.
Net loan losses were EUR 59m ($68.66m) to 30 June, down from EUR 106m a year ago.
This is 10 basis points (bps), down from 13 in 2017.
The shipping, offshore and oil portfolio saw losses cut to 14 bps from 34 bps the year before.
