Diversity of balance sheets key in banks’ ‘flight to quality’

A two-tier marketin ship lending used to mean better terms for the first group and tougher ones for the second.

But under greater pressure from regulators, banks are continuing a “flight to quality” that redefines the tiers: competitive, even attractive, terms for the first and often nothing for the next.

This was virtually the unanimous view of top bankers and others in the shipfinance sphere when interviewed by TradeWinds on the state of play in lending.

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