ShippingWatch

Maritime & Merchant Bank to launch on April 1st

Oslo-based Maritime & Merchant Bank has been approved by the Norwegian authorities, and the new Norwegian shipping bank will open for business on April 1st, the bank's CEO, Halvor Sveen, tells ShippingWatch.

Photo: PR-foto

On Tuesday the Norwegian shipping bank Maritime & Merchant received final approval from the Norwegian Financial Supervisory Authority (FSA), and the bank's CEO, Halvor Sveen, and his team, can now start working toward the actual launch of the bank.

"Ultimately, as a bank, you can't lose money, so this process has been focused on describing our 'line of defense' at the bank."

Halvor Sveen

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Sovcomflot divests from sanctioned tanker fleet

Russian tanker operator Sovcomflot, which has been subject to sanctions following Russia’s invasion of Ukraine, makes a significant divestment from its tanker fleet. One of the buyers is Eastern Pacific Shipping.

Related articles

Latest news

See all jobs