Nordea profit before loan losses rises to EUR 1.7 billion in second quarter

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Nordea profit before loan losses rises to EUR 1.7 billion in second quarter
Photo: Jonas Ekströmer/TT

This compares with a profit of 1.6 billion euros in the corresponding quarter last year.

Net interest income, the bank's profit from the difference between deposit and lending rates, fell 1 percent to EUR 1.8 billion. Net commission income rose 11 percent to EUR 880 million.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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