Finance
Shipping Loan Losses Hit Earnings at Norway’s Largest Bank
Higher-than-expected loan losses in the shipping sector ate into DNB's second-quarter earnings, sending shares in Norway's largest bank down almost 5 percent on Thursday.
Thursday, July 10, 2014
Thursday, November 14, 2013
News
Norway’s DNB Latest Bank to Sell Shipping Loan
Norwegian bank DNB has sold some of the debt it held against distressed shipping firm Genco Shipping and Trading Ltd, a bank spokesman said on Wednesday.
Sunday, July 28, 2013
Finance
Bankers: Fooling Themselves, Investors and Shipowners?
It was reported on gCaptain last week, DNB ASA and Nordea Bank AB, two of the world’s largest shipping lenders, are seeing signs of an end to the maritime industry’s...
Thursday, July 25, 2013
Finance
Biggest Shipping Banks See End to Slump as Lending Recovers
July 25 (Bloomberg) — Nordea Bank AB and DNB ASA, two of the world’s largest shipping lenders, are seeing signs of an end to the maritime industry’s five-year slump as...
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