Recent Buy: Nordea Bank Abp

Maintenance purchase with additional 50 shares of Nordea Bank bought for 10,03 EUR per share. Banking sector is problematic one and in current interest rate environment peak is probably close. Then again Nordea managed to perform well enough even in zero interest rate environment. Since then they have improved significantly in many fronts and have been active with buybacks. Will real depression wreak havoc in Europe? Possibly. Would it hit Nordea equally hard? Likely. Will it survive with dry enough feet? I’ve put my money on it.