You are here

StanChart sees active ship loan year

[DUBAI] Standard Chartered plc, the British bank that earns most of its profit from Asia, expects to increase its US$5.5 billion of loans to the shipping industry as demand for vessels recovers and oil-industry investments rise.

The London-based bank's lending to ship companies jumped...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes