ShippingWatch

Chinese banks said to be interested in Germany's DVB Bank

According to Reuters, two Chinese banks are eying a potential takeover of Germany's DVB Bank, which has a large portfolio of loans to shipping and offshore.

Photo: Colourbox

Two Chinese banks – Bank of China (BOC) and Industrial Commercial Bank of China (ICBC) – are among the candidates vying for a potential takeover of Germany's DVB Bank, sources tell news agency Reuters.

It emerged in December that the owner of DVB Bank, DZ Bank, has plans to sell the shipping and transport bank.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk unveils design of methanol vessels

For five years, Maersk has been working on developing a new vessel design, which can increase the energy efficiency of its fleet by 20 percent. The first eight vessels are planned to sail on green methanol from 2024.

Related articles

Latest news

See all jobs