EnergyWatch

Offshore oil accounts for more than half of DNB's non-performing loans

The offshore oil sector accounts for 60 percent of bank DNB's impairment provisions in the third quarter.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

The strained oil sector accounts for more than half of major bank DNB's non-performing loans.

The bank published its third quarter interim report Thursday, and it shows that loans to the offshore oil and gas sector yet again weigh down the bank.

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