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Greek shipping bank debt falls again

Bank lending to Greek shipping is down again as some of the traditional European banks exit, despite the fact that the Greek-owned fleet continues to expand. The latest Petrofin Bank Research survey of Greek ship finance notes that Asian leasing finance is among the go-to choices of many Greek owners nowadays while Greek banks also bucked the trend last year and have modestly increased their share

Petrofin survey charts further contraction in ship finance portfolio, but Greek banks lift their game

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