Ship finance bounces back after Deutsche Bank retrenchment
DB’s industry lending has fallen sharply since the shipping downturn and 18,000 jobs were axed at the bank, but it’s still in the game with a leaner and fitter book, argues its head of transport
‘We prefer not to be simply a very small lender in a large syndicate and not really be meaningful. Our view is that our capital could be better used in a more strategic manner,’ insists DB's Ilias Katsoulis