Newly privatised Hamburg Commercial Bank (HCB) doubled its new shipping business in 2018 as provisions shrank.
In its finalised report for 2018, the lender said it agreed new shipping loans worth EUR 1bn ($1.12bn), up from EUR 500m in 2017 and up EUR 100m from its previous earnings release in February.
Loan provisions were cut to EUR 316m against EUR 2.08bn
