Nordea's non-performing loans reached 1.55% of total loans at the end of 2019-09-30, down from 1.62% compared to the previous year. Historically, the NPL ratio hit an all time high of 2.16% in 2013-06-30 and an all time low of 1.46% in 2011-06-30.
Provision coverage amounted to 46.7% at the end of 2019-09-30, up from 44.4% compared to a year earlier.
The bank created loan loss provisions worth of 0.442% of average loans in 2019-09-30. That's compared to 0.136% of loans the bank put aside to its cost on average in the last five years.