
European shipping and transport bank DVB achieved a net result in the first quarter of this year of USD 84 million, which more than doubled compared to the same period last year where the result came to USD 38 million, according to the interim report Wednesday.
"DVB started into 2015 with excellent results," says Wolfgang F. Driese, CEO and Chairman of the Board at the bank, which besides lending to shipping also operates in aviation, offshore and land transport.
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