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HSH Nordbank increases loss provision for ship loans - Lloyd's List

  • Tuesday 06 November 2012, 14:30

GERMAN ship financier HSH Nordbank has increased the loss provisions for its portfolio of shipping loans because it expects a further worsening of shipping markets.HSH Nordbank has also forecast increasing default rates for the shipping segment.The bank, which used to be the world?s...

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Source: http://www.lloydslist.com/ll/sector/finance/article410967.ece

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