News
02 March 2020

NordLB cuts bad shipping loans by a third in Q4

In:
Transport
Region:
Europe

Germany's NordLB has reduced the number of bad shipping loans by a third in the fourth quarter of 2019.The bank, which has been struggling under billions of euros of losses from non-performing shipping loans, cut bad shipping loans to €2.5 billion ($2.72 billion) in the quarter from...

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