Nordea's debt repayment became difficult for an estimated 10,700 households (2022)

Nordea

Financial Excess

9: Industry, Innovation and Infrastructure
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Although access to credit boosts economic growth in the short term, the associated value of such credits fades in the medium term, increasing the "odds of a financial crisis"1. Consumer credit in Sweden reached EUR 169 billion (Bn) in 20222;p8, wh...

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Nordea

Financial Excess

9: Industry, Innovation and Infrastructure
Written by
Reviewed by

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