Greek banks are considering offloading part of their shipping debt portfolios worth billions of dollars in a bid to shore up their capital, Reuters stressed citing banking and ship-financing sources.
Earlier this week, Athens has secured a four-month extension of its existing loan agreement but the danger of it ending up in a wreck and the threat of a hurtful Grexit still in existence, raises the risk of Greek banks facing further deposit loses in the future, the news agency estimated.
“There are several portfolios being shopped around at the moment, including shipping loans,” an unnamed banking and ship-financing source said, adding that “it makes sense for the Greek banks, which face a huge liquidity problem,