hsh-nordbank-looks-to-expand-in-asia

HSH Nordbank looks to expand in Asia

The head of Asia transportation at HSH Nordbank talks about aviation and logistics and explains why the bank is so enthusiastic about this region.
Since John Duffy joined HSH Nordbank as head of transportation for Asia three years ago to set up a dedicated transportation and logistics division, his team has grown to 20 people. Of those, 15 are based in Singapore while the rest are based in Shanghai, Mumbai, Hanoi and Hong Kong. Such growth is vigorous compared with any bank, but Duffy says the European specialist lender aims to have a larger footprint still by 2010 within the areas of transportation, shipping and infrastructure. He talks to FinanceAsia about how HSH Nordbank wants to augment its European business in Asia.

At this stage, is it true that aviation finance is your divisionÆs main area of growth...
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