Growing impairment losses in Nordic countries
Toivanen, Mervi (12.01.2009)
Numero
4
2008
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408074972Tiivistelmä
In January September 2008, the operating profits of large Nordic financial groups decreased on the corresponding period of 2007, as a result of growing impairment losses and less income from trading and investment activities. The market values of Nordic financial groups have deteriorated about as much as the market values of European banks.