Fourth-quarter Financial Highlights 2023
Supplementary information
Impairments and provisioning coverage.
Strong portfolio credit quality
31
Stage 2 and 3 loans at amortised cost, EURm
16,207
12,786
13,105
14,027
13,988
•
Stage 3 (impaired) loans up
2,255
2,206
2,238
2,234
2,457
Stage 2
Stage 3
•
Q422
Q123
Q223
Q323
Q423
Coverage ratio, %
•
EUR 223m to 0.89% from 0.82%
in Q3, driven by small number
of customers
Stage 2 loans up EUR 2.2bn,
mostly due to more
conservative categorisation
rather than credit deterioration
Coverage ratio for stage 3
portfolio down to 42% due to
inflow with lower provisioning
needs
Continued strong portfolio
credit quality
48
46
46 46
10
45
45 45
46
44
44
44
8
44
42
42
42
42
160
40
38
3.4 3.4 3.2 3.1 3.1 3.1 3.0 3.2 3.0
4
2.8
2.7
36
2.5
•
34
2
Stage 3
32
Stage 2
30
Q121Q221Q321Q421Q122Q222Q322Q422Q123Q223Q323Q423
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