In the pursuit of “profitable growth” in its shipping loan book, Nordea is to be selective in its choice of clients but offers diversified services to keep them.
The Nordic bank vowed late last year to increase its financing activity for shipping that amounted to €8.6bn ($9.63bn) as of 31 March, matching its fourth quarter activity in 2018.
“We have room to do more business, but there is no firm target [for the...
