News
09 April 2019

NordLB exits ship financing

In:
Infrastructure, Transport
Region:
Europe

NordLB has confirmed that it will withdraw from the ship financing sector. The lender has been shedding its non-performing loan shipping portfolio since 2015. In that time it has reduced its entire shipping portfolio from €19 billion ($21.57 billion) to €7.5 billion ($8.4 billion) by...

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