Nord/LB Continues Running Down Shipping Portfolio

German bank NORD/LB managed to further reduce the non-performing shipping portfolio in Q1 2018.

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Nord/LB Shrinks Shipping Loan Portfolio, Returns to Profit

Nord/LB

Nord/LB returned to profit in financial year 2017 after significantly reducing its shipping loan portfolio.

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NordLB Not Selling Shipping Loans to KKR

The German shipping bank Norddeutsche Landesbank (Nord/LB) has given up on the decision to sell its shipping loans ...

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Nord/LB Delivers Profit, Still Fears Shipping Crisis

Although the German shipping bank Norddeutsche Landesbank (Nord/LB) made a good start into the year and further ...

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Surge in Shipping Risk Coverage Widens NordLB's Loss

As a result of a huge increase in the risk provisioning for ship financing, German shipping bank Norddeutsche ...

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NordLB to Lend a Helping Hand to Bremer Landesbank

German shipping bank Norddeutsche Landesbank Girozentrale (NORD/LB) plans to provide financial relief to its ...

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NordLB Increases Risk Provisioning for Ship Finance

Due to a further increase in risk provisioning for ship finance, the German shipping bank Norddeutsche Landesbank ...

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Moody's Downgrades Nord/LB Ratings

The ratings of the German shipping bank Norddeutsche Landesbank GZ (NORD/LB) and its subsidiary Deutsche ...

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NordLB Agrees to Sell USD 1.5 Bn Worth of Shipping Portfolio

The German shipping bank Norddeutsche Landesbank (Nord/LB) has reached an agreement with KKR Credit to sell a ...

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NordLB to Face Execution Risks if It Cuts Shipping Loans

The German shipping bank Norddeutsche Landesbank (Nord/LB) could encounter high execution risks if it goes through ...

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NordLB's Loan Losses Surge Due to Shipping Woes

Due to the repeated deteriorating situation in the shipping markets, German shipping bank Norddeutsche Landesbank ...

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NordLB to Chop Shipping Loans by Up to USD 8 Bln

Led by the current slowdown in the shipping market, German shipping bank Norddeutsche Landesbank (Nord/LB) said it ...

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NORD/LB, Partners Form JV to Restructure Bad Shipping Loans

German lender NORD/LB has teamed up with shipping company Open Group and alternative assets specialist Caplantic in ...

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Germany: NORD/LB Participates in Financing of Offshore ...

Germany - NORD-LB Participates in Financing of Offshore Wind Farm Installation Vessel

NORD/LB Norddeutsche Landesbank is participating in the financing of an installation vessel for offshore wind ...

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