Shipping has grown to a fifth of CMB Financial Leasing Co.’s (CMBFL) total asset portfolio, with containerships claiming the lion’s share.
Shipping’s share in CMBFL’s portfolio has more than doubled over the past four years, from 8% in 2014 of the total to 20% last year, according to the presentation held by Guo Guang, president of CMB Leasing.
Back in June 2017, another CMBFL official said that the company had total assets of $20bn, with the shipping sector contributing about $3.5bn.