DNB acknowledges overly generous loans to distressed offshore sector
![Harald Serck-Hanssen, group executive VP of Corporate Banking at DNB. | Photo: PR-FOTO](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12755141.ece/ALTERNATES/schema-16_9/doc7egririmkf61dbhc0ne5.jpg)
Major Norwegian bank DNB is for the second time in five years hit by loan losses to the offshore sector, and the bank now acknowledges that some of the loans should never have been given, DNB's CEO of Corporate Banking, Harald Serck Hanssen, tells Dagens Næringsliv.
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