Shipping bank Maritime & Merchant increased its lending activities and its profits in the first six months of the years, and promising trends in container and dry bulk are giving rise to high expectations for the rest of 2021.
The Norwegian bank, whose owners include Henning Oldendorff, Endre Røsjø and Arne Fredly, and formerly Arne Blystad, who sold off his shares last year, just published its financial report which revealed that the portfolio of disbursed loans increased by 20.5 percent in the first six months of the year from USD 268 million to USD 324 million.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
Think tank InfluenceMap has mapped out how well global companies like Unilever, Ikea and Maersk are performing in terms of meeting climate requirements and whether their words match their deeds. Ambiguous communication stands in the way of Maersk reaching the top, the think tank explains to ShippingWatch.