KfW IPEX-Bank says it is in contact with struggling cruise group Genting Hong Kong about possible solutions to its financial problems.
Germany’s state-owned export credit provider structured €2.6bn ($3bn) in financing for the Malaysian company last year.
“As one of the banks affected by the developments at Genting, we are in close contact with Genting itself as well as with other banks and parties involved and are intensively searching for possible solutions,” a bank spokeswoman confirmed to TradeWinds.
