New Italian shipping financier illimity Bank is plotting further maritime investments after sealing a loan deal with Navigazione Montanari.
The lender, founded in 2018 by banker and former Italian government minister Corrado Passera, broke cover at the start of May with an announcement that is was providing €35m ($42m) to the domestic shipowner to finance two tanker purchases.
But the bank told TradeWinds this was not its first shipping deal, although it declined to reveal details of any others.
