Patrick Hagen - Tuesday 9 March 2010
THE world’s largest shipping lender, HSH Nordbank, has suffered a loss of around €1bn ($1.4bn) in 2009 due to high risk provisions for its shipping segment.
HSH Nordbank spokesman Rune Hoffmann would not comment on the exact amount as the figures had not yet been audited. But he confirmed that the bank’s results were in line with ...
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