Maybe this is slightly OT for this group, but I guess entrepreneurs are interested what the Finnish/Nordic banks are up to in these hectic times.
Above the surface, all is serenity and confidence, but how frantically are they paddling?
In HS/English yesterday, there was an article which said that Nordea has sold some municipal debt, and the implication was that other Finnish banks would be hoping to do the same. Is there something particularly bad about loans to Finnish municipalities, or are they trying to dispose of other debts too?
Has anyone noticed any other novel behaviour by our banks?
CM.
REF http://www.hs.fi/english/article/Financ ... 5240293966