ShippingWatch

DVB Bank takes huge deficit on shipping and offshore

DVB was pulled into a deficit in the first nine months due in particular to its massive exposure to shipping and offshore. The bank has reduced its shipping portfolio slightly in 2016 and booked huge impairments on loans to the sector.

Photo: DVB

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Related articles

Latest news

Jobs

See all

See all