Germany's Commerzbank has offloaded EUR 3.1bn ($3.5bn) of ship finance loans in a year as its "bad bank" returned to profit.
The continued run-down of the book means the maritime portfolio stood at EUR 1.1bn at the end of the third quarter, against EUR 4.2bn a year ago.
The third quarter risk result (loan loss provisions) was down at EUR 134m from EUR 168m year-on-year.
