Hellenic Bank grows ship finance book with largest loan
Hellenic Bank is among a new crop of lenders easing into the ship finance business for the first time to partly fill the gap left by the departure of some of the industry’s biggest traditional lenders. The bank’s head of shipping Markus Wenker tells Lloyd’s List why he is comfortable with the bank’s largest loan to date, a $50m facility for FSL Trust, but he emphasises that the bank is determined to maintain its cautious approach
Head of ship finance for the Cyprus-based bank says $50m facility for FSL Trust is a ‘big ticket’ for the bank but the Cypriot lender has no intention of getting carried away
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