German shipping bank excludes loans to the oil sector
!["We have decided not to do business in the offshore market," says Jan-Philipp Rohr, Global Head of Shipping at Hamburg Commercial Bank. | Photo: HCOB](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article13696321.ece/ALTERNATES/schema-16_9/2020_08_HCOB_Portraits_Jan-Phillip+Rohr_1361.jpg)
Offshore projects in the oil and gas sector are excluded from future lending by Hamburg Commercial Bank (HCOB) as the bank looks to cautiously expand its commercial lending, including to the shipping industry, in the coming years.
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
German HCOB ready for new shipping loans in 2021
For subscribers