ABN Amro tripled its loans to shipping

ABN Amro has rebuilt its exposure to the shipping industry during the crisis and plans to grow 10-12 percent annually ahead of 2017, according to Reuters.

BY OLE ANDERSEN

Major Dutch bank ABN Amro has tripled its loans to shipping during the crisis, from USD 2.5 billion in 2009-2010 to USD 7-8 billion today. And according to news agency Reuters, the state-controlled bank plans to increase its exposure to shipping by 10-12 percent annually ahead of 2017, says Head of Shipping, Gust Biesbroeck.

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