German lender Commerzbank has posted higher provisioning for the second quarter during which it was reported to have sold its final shipping portfolio.
The bank said the risk result was €178m ($197m) to 30 June, compared to €82m in the same period of 2018.
This was due to "single cases", it added.
It withdrew from ship finance in May by selling its remaining loans linked to 38 ships, according to sector sources cited by TradeWinds in July.
