Media: Commerzbank's shipping portfolio halved in 3 years

About three years ago, Commerzbank chose to completely pull out of the shipping business in which the bank had otherwise been a big player. But due to the disappointing development in the shipping industry following the financial crisis, Commerzbank pulled the plug for shipping while competitors such as HSH Nordbank and NordLB remained in the game of financing the hard-hit German shipping sector.
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