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22 September 2018 The on-line newspaper devoted to the world of transports 09:24 GMT+2



May 31, 2018

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Original news
Regional bank German NORD/LB is proceeding in its plan of reduction of the exposure in the field of the shipping

The objective at the end of 2019 is to diminish the quota credits in suffering at less than five billions of dollars

Norddeutsche Landesbank (NORD/LB), the German regional bank of the Sassonia Lowland and the Sassonia-Anhalt, has announced an ulterior financial reduction of its pocketbook in the field of the shipping that it is come down from 12,1 billion dollars at the end of 2017 to 11,6 billion dollars on 31 March, with a quota credits in suffering that is diminished by 8,2 billion dollars at the end last year to 7,9 billion on March 31, 2018. The objective of the financial institution is to reduce this quota at less than five billions of dollars within the end of the next year.



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