HSH Nordbank’s Shipping Loan Losses Reach USD 221 Mn

HSH Nordbank’s Shipping Loan Losses Reach USD 221 Mn
With persistent shipping woes, the German-based provider of shipping finance HSH Nordbank has seen its loan loss provisions increase in the first quarter of 2017. Namely, the bank’s loan losses amounted to EUR 198 million (USD 221.3 million) during the three-month period, significantly larger than EUR 62 million reported a year earlier, primarily related to the difficult […] ... read more
Source: feedburnerPublished on 2017-06-19
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