The financial crisis and the unheard of downturn in the shipping markets have brought a lot of issues to the table. European banks have traditionally been a major source of financing for the maritime industry. Now that they are heavily affected by the crisis and are confronted with a rapidly changing regulatory environment, it seems unlikely that things will come back to normal any time soon.
This is only an excerpt of Working with European Banks
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Tags: · Dr. Klaus Stoltenberg, NORD/LB
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