the German bank HSH Nordbank moves its attention towards the shipping Asian



The German financial institution HSH Nordbank, that it is controlled by the administration of the anseatica city of Amburgo, by the Land of the Schleswig-Holstein and their financial institution HSH Finanzfonds and is specialized in the financings to the shipowning field, has announced the intention to concentrate own interest on the Asian market of the shipping and with such scope an agreement with the Export-import Bank of Korea (Korea Eximbank has signed), the credit institution to the export of South Korea, and with the city administration of Busan.

The understanding previews the financial assistance and the support of the German bank regarding South Korean and international shipowning companies, the possibility of collaboration in the fields of the marine logistics, infrastructures and the equipments and the possible collaboration in the field of the formation of the staff.

Last year the total value of the activities financial institutions of the division Shipping di HSH Nordbank has been pairs to 21 billion euros, analogous figure to that of the year precedence, cui14 billions of euro for Core bank and seven billions of euro for bad bank in the which the plan of restructure of the German bank group it would want to make to meet the assets not strategic and quota pocketbook more to risk.

HSH Nordbank has explained that in 2014, year in which the new activity generated from the institute in the segment of the shipping financing new shipbuilding, the acquisition of second hand ship and financing shipowning societies 900 million euros in 2013 have reached a value of 1,5 billion euros (), about 70% of the activities in marine field it is realized regarding international customers and 30% regarding German customers of the shipowning field.

Al 31 last December the pocketbook of investments of HSH Nordbank in the field of the shipping was constituted for 47% by the segment of the portacontainer, for 21% from that of the ships portarinfuse, for 12% from the tankers, for 15% from other types of ships and for 5% from other financings.

Currently the German bank is represented in Asia through own offices to Hong Kong and Singapore. HSH Nordbank has specified to have recently carried out a survey near own customers whom importance of the Asian market has evidenced the increasing not only which motor main of the world-wide traffic of the goods, but also as square financial institution: about 80% of the interviewed ones it previews in fact that in future the Asian investor will assume an important role in the field of the naval financing, field that traditionally is dominated by the European financial institutions.