Fri, 29 Jan 2021 22:00:57 +0000
Banks had been selling their shipping loans with gusto through 2018 and 2019, but the arrival of the Covid-19 pandemic combined with stricter selectiveness on the part of potential buyers has drastically reduced the market for shipping loans. Record sales in 2018 and 2019 stemmed from the banks’ eagerness to reduce their shipping exposures, which …
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