Pareto Bank sees increasing activity within asset play as shipping loan volume stays flat

‘Subdued demand’ and steep repayments weigh on loan book

Morten Kvalshaugen (left), head of shipping and offshore at Pareto Bank, and Petter Flo-Bakke, vice president of shipping and offshore.
Morten Kvalshaugen (left), head of shipping and offshore at Pareto Bank, and Petter Flo-Bakke, vice president of shipping and offshore.Jonas Walsgård
Published 24 January 2025, 07:19Updated 24 January 2025, 08:31
NorwayPareto BankBankingloansMorten Kvalshaugen