Deutsche Schiffsbank braces for difficult year
Friederike Krieger, Cologne - Friday 8 May 2009
GERMAN shipping bank Deutsche Schiffsbank is preparing for a difficult year.
“Despite our balanced credit portfolio, which is focused on profitable and respectable clients, we expect an increasing number of value adjustments, especially when it comes to containerships and bulk carriers,” the bank said.
“For the current year...


