German bank profits from its competitors' exit from shipping

Hamburg Commercial Bank is now starting to feel how several competitors have decided to halt their loans to shipping entirely. "This is an opportunity for us," the bank's head of shipping tells ShippingWatch.
Jan-Philipp Rohr, Head of Shipping at German shipping bank Hamburg Commercial Bank. | Photo: PR / Hamburg Commercial Bank
Jan-Philipp Rohr, Head of Shipping at German shipping bank Hamburg Commercial Bank. | Photo: PR / Hamburg Commercial Bank

The exodus of banks from shipping continues to benefit German Hamburg Commercial Bank (HCOB).

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