Credit impairment is on the rise at Sweden's Swedbank.
The lender said the figure for the first quarter was SEK 218m ($22.9m), up from SEK 127m in the same period of 2017.
Net interest income was up at SEK 11.36bn versus SEK 10.68bn
Net profit rose to SEK 5.27bn, against SEK 5.03bn in 2018.
It highlighted increased loan volumes and said its credit quality was good, however.
It has set up an anti-crime unit after "shortcomings" were found with its money laundering checks.
There were increased expenses due to these internal investigations.
Swedbank's acting CEO Anders Karlsson said: “Our capital and liquidity position is strong, with a good buffer to the minimum requirements stated by the Swedish Financial Supervisory Authority.”
