Note 6 - Losses on loans and guarantees

 

Parent Bank Jan-Dec Jan-Dec 
  2020 2019
Losses on loans and guarantees (NOKm) RM CM Total RM CM Total
Change in provision for expected credit losses for the period 49 666 715 28 205 234
Actual loan losses on commitments exceeding provisions made 14 197 212 10 9 19
Recoveries on commitments previously written-off -7 -18 -25 -5 -1 -7
Losses for the period on loans and guarantees 56 846 902 32 213 245

 

Group Jan-Dec Jan-Dec
  2020 2019
Losses on loans and guarantees (NOKm) RM CM Total RM CM Total
Change in provision for expected credit losses for the period 48 681 729 34 212 246
Actual loan losses on commitments exceeding provisions made 55 213 268 40 22 62
Recoveries on commitments previously written-off -25 -21 -46 -6 -2 -8
Losses for the period on loans and guarantees 78 873 951 68 231 299
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