OpenLegislation

Division 4.8

United Kingdom

Original text. Later amendments are not shown.

[Downsizing of the ship financing business area] HSH will cut back its ship financing business, in accordance with the amended restructuring plan. The total balance sheet assets of the ship financing division in the core bank are to be reduced to around EUR 15 billion by 31 December 2014. The reduction will be achieved in particular by relinquishing the financing of roll-on/roll-off vessels and cruise ships, […]