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Some banks going the extra mile to help offshore sector - for now

Banks with larger exposure work with clients beyond just debt restructuring to alleviate stress imposed by low oil prices
Friday, February 5, 2016 - 05:50

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Banks are proactively managing their exposure to the beleaguered offshore and marine (O&M) industry, working with their clients beyond debt restructuring to help them tide over the current market trough.

Singapore

BANKS are proactively managing their exposure to the beleaguered offshore and marine (O&M) industry, working with their clients beyond debt restructuring to help them tide over the current market trough.

But the O&M sector may still see creditors adopt a less

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