DVB Bank, which describes itself as a transport bank, due to the fact that the bank - in addition to shipping - provides loans to the aviation industry, the offshore sector, as well as road transport companies, has published its annual report for 2013, which shows a declining profit for the bank - a major lender to the shipping industry.
The bank's profits declined from EUR 124.9 million in 2012 to EUR 110.2 million in 2013, a decline of approx. 12 percent.
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