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Report: Deutsche Bank eyeing RBS' Greek shipping portfolio

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Report: Deutsche Bank eyeing RBS' Greek shipping portfolio

Deutsche BankAG is interested in acquiring part or all of a $3 billion Greekshipping portfolioowned by Royal Bank of ScotlandGroup Plc, Sky News reported.

ChinaMerchants Bank Co. Ltd. and at least one Japanese lender are alsoeyeing RBS' shipping portfolio, according to the July 12 report. Deutsche Bankwas recently reported to be considering selling at least $1 billion in shipping loans.

The auction process remains flexible and may not lead to adeal, Sky said.