Banks flock to China to gainaccess to nation’s shipbuilders

Keith Wallis - Wednesday 26 March 2008

AS China has grown into a shipbuilding superpower so banks, including Royal Bank of Scotland and DnB NOR, have been attracted to Asia, particularly China, to take advantage of what had been the booming ship finance market, writes Keith Wallis.

Both RBS and DnB NOR, together with ING, are among the banks that have helped finance newbuildings and se...