German state bank considers bigger loans for shipping

German state bank KfW considers granting bigger loans for shipping following a year in which the major, traditional shipping banks have cut down on lending for the struggling industry.
Photo: Colourbox
Photo: Colourbox
BY LOUISE VOGDRUP-SCHMIDT

German shipowners are in need of financing after several banks have cut down on their lending portfolios to shipping. Now the German state bank KfW - the 3rd largest bank in Germany - might be ready with a helping hand, writes Bloomberg.

Already a subscriber?Log in here

Read the whole article

Get access for 7 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

Share article

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