HSH Nordbank reported an improvement in net income as its portfolio of bad loans, including shipping-related ones, decreases.
The bank reported an 8% rise in net profit through September to EUR 176m. The bank noted "some pick-up in the shipping business" as it reaffirmed its existing income forecast for 2017.
The bank's shipping-related loan portfolio fell to EUR 6bn, down from EUR 9.9bn
