The Norwegian bank narrowly held off a surprise challenge from US-based Citi, which appeared to have wrested the title from last year’s winner, Nordea, under figures originally filed by loans monitor Dealogic.
However, in a revised report Dealogic acknowledged it had inadvertently double-counted a large financing for eight LNG newbuildings for Greek owner John Angelicoussis. When the flying dollars settled, DNB was back on top: its $3.47bn
