Deutsche Bank "likes" RBS’ Greek shipping portfolio

Deutsche Bank had expressed interest in purchasing the portfolio loans to the greek shipping industry, currently owned by Royal Bank of Scotland (RBS), as reported by Sky News. The value is around $ 3 billion.

The major German bank is not the only one to have expressed interest in the assets of RBS. China Merchants and Credit Suisse have already begun negotiations, but has not yet signed any official agreement. The news comes at a time of high volatility on Deutsche Bank shares, considering the announcement last week, in which the German Institute announced it would sell its "shipping loan portfolio" at least $ 1 billion.

The problems on exposure to DB on the sector of maritime transport are known, to that effect has intervened in recent weeks, the European Central Bank, which has called for the investment bank to reduce its exposure to the sector. Both RBS and Deutsche Bank declined to comment when approached by the news service.