NordLB's shipping business positive for the first time in three years

For the first time since 2012, shipping contributed positively to the profits at German NordLB, despite the fact that the crisis is not over in all segments, says chairman Gunter Dunkel in the first quarter interim report.

The efforts to transform the shipping portfolio at the German bank NordLB look like they are paying off. At least, the bank's segment Ship Finance contributed positively to the profits in the first three months of the year, according to the interim report for the first quarter 2015.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading