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HSH Nordbank AG Gerhart-Hauptmann-Platz 50 20095 Hamburg, Germany http://www.hcob-bank.com
Contact Ms Katrin Steinbacher +49 40 333311130
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HSH Nordbank AG

Hamburg Commercial Bank acquires NIBC’s shipping business

(PresseBox) (Hamburg, )

Transaction comprises USD 992 million of performing shipping loans, strengthening HCOB’s client base and shipping franchise
Former NIBC Shipping experts will join HCOB as part of a new representative office in the Netherlands
Bank’s first major portfolio acquisition


Hamburg Commercial Bank (HCOB) is strengthening its shipping business by acquiring an USD 992 million portfolio of shipping loans from Dutch bank NIBC. With this transaction, HCOB is diversifying its shipping portfolio while expanding its franchise in the European market. The portfolio was acquired through a multi-stage competitive bidding process. As well as acquiring the loans, HCOB will take over a team of experienced xeslensl kwffrwk hqyv NAWF.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.