OJSC Nordea Bank has the lowest share of bad loans in its corporate lending portfolio among the Top-30 of Russian lenders to corporate customers

16.09.2011

OJSC Nordea Bank has the lowest share of bad loans in its corporate lending portfolio among the Top-30 of Russian lenders to corporate customers

According to Expert magazine OJSC Nordea Bank is a leader among the Russian Top-30 Russian banks ranked by a key indicator used to assess the quality of corporate lending portfolios: a share of bad loans in the portfolio. As of 01 July 2011 it was just 0.59%.

Corporate customers of the Bank include large Russian, Nordic and international companies which operate on the territory of Russia. The Bank offers to corporate customers cash and settlement services, cash management, lending, trade and project finance, leasing and factoring, deposit taking, transactions in bank cards (acquiring, wage projects and issuance and servicing bank cards used for settlements with Russian customers authorities), financial products and services for enterprises, etc.


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