Home » Business » Where is the $10 billion ship loan from Credit Suisse? Half of Greek ship owners turn to Japan for funding, reports Nippon Kaiji Shimbun online.

Where is the $10 billion ship loan from Credit Suisse? Half of Greek ship owners turn to Japan for funding, reports Nippon Kaiji Shimbun online.


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March 24, 2023Daily version 1 page

Attention is focused on the future of the ship loan claims of the Credit Suisse Group, which was acquired by the UBS Group, the largest Swiss financial company, and ranked second. In addition to asset management for wealthy people, Credit Suisse has a ship loan balance of $ 10 billion (about 1.3 trillion yen), which is said to be 50% of Greek ship owners. The UBS Group has little track record in the ship financing sector, and “there is a possibility that it will downsize or sell Credit Suisse’s ship financing business,” according to a Japanese financial official. European Bank… Please login to continue.

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