Note 6 - Losses on loans and guarantees

  Jan-Dec Fourth quarter
  2021 2020 2021 2020
Parent Bank (NOKm) RM CM Total RM CM Total RM CM Total RM CM Total
Change in provision for expected credit losses for the period -11 39 27 49 666 715 2 -64 -61 -4 166 163
Actual loan losses on commitments exceeding provisions made 10 107 117 14 197 212 2 84 86 4 82 85
Recoveries on commitments previously written-off -9 -1 -10 -7 -18 -25 -4 -1 -5 -2 -17 -18
Losses for the period on loans and guarantees -10 145 134 56 846 902 0 20 20 -2 232 230

 

  Jan-Dec 3rd quarter
  2021 2020 2021 2020
Group (NOKm) RM CM Total RM CM Total RM CM Total RM CM Total
Change in provision for expected credit losses for the period -20 50 30 48 681 729 3 -53 -50 -3 170 167
Actual loan losses on commitments exceeding provisions made 30 112 142 55 213 268 6 83 89 9 101 110
Recoveries on commitments previously written-off -9 -3 -12 -25 -21 -46 -4 -3 -7 -0 -35 -35
Losses for the period on loans and guarantees 1 159 161 78 873 951 4 27 32 6 236 242
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