Growing impairment losses in Nordic countries
Toivanen, Mervi (12.01.2009)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074972
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.