Impairment losses eroded Nordic banks results
Toivanen, Mervi (07.07.2009)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074992
Large Nordic financial groups total operating profits for January March 2009 decreased by ca 26% on the first quarter of 2008. Operating profits were eroded particularly by the rapid growth in impairment losses.