Shipping drags down DVB Bank's half-year result

German shipping bank DVB came out of the first six months 2016 with a positive bottom line, though the result took a big dive compared to last year due to the persistent crisis in shipping. The bank remains active in the sector, but at a lower level, notes DVB.

by DANIEL LOGAN

DVB Bank maintains its exposure to the otherwise dire shipping market in spite of taking a big hit in the first six months of the year.

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