Maritime Finance

Top 10 Ship Finance Providers for Greek Shipowners

A borrower-side shortlist of credible maritime finance providers relevant to Greece.

Financely Debt Advisors

Financely Debt Advisors

— 5 min read
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Who Belongs on the Shortlist?

This ranking focuses on credible organizations relevant to maritime finance in Greece. Inclusion is based on established market presence and product relevance, not on paid placement, affiliate relationships or claims that every provider is currently quoting every transaction.

This is an editorial shortlist for borrower-side research. Inclusion means the organization has a recognizable operating platform relevant to the category. It does not mean every provider is currently quoting every structure, geography or borrower profile.

Where Financely Fits

Financely acts as an independent advisor and arranger rather than the balance-sheet lender. For qualifying mandates, its maritime finance advisory structures the credit case, prepares the lender package and manages targeted distribution.

How We Selected the Providers

The order is qualitative, not a league table based on annual origination volume. The screening criteria focus on practical relevance to a live financing process.

  • shipping-sector underwriting experience
  • ability to lend against vessel or fleet value
  • charter and cash-flow analysis
  • newbuild, acquisition, refinance or retrofit capability
  • cross-border maritime documentation and asset-control experience

Top 10 Ship Finance Providers for Greek Shipowners

#1

Piraeus Bank

The case for reviewing Piraeus Bank is its major Greek banking group with corporate and shipping relationships. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

A concise first approach should disclose the principal risks rather than trying to market around them.

#2

Eurobank

Eurobank belongs on this list through its Greek banking group serving corporate and shipping clients. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

Before outreach, prepare the amount, purpose, tenor and core credit documents so the relevant team can screen the transaction quickly.

#3

Alpha Bank

Alpha Bank is included for its Greek corporate and commercial bank. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

Current appetite can change, so historical market activity should be treated as a screening signal rather than a commitment to fund a new deal.

#4

National Bank of Greece

National Bank of Greece is a credible candidate because of its Greek corporate and commercial bank. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

For a live mandate, identify the product desk and likely booking entity before sending a full data room.

#5

DNB

For borrowers building an institutional shortlist, DNB brings Nordic banking platform with a long-standing shipping and maritime franchise. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

A concise first approach should disclose the principal risks rather than trying to market around them.

#6

Nordea

The case for reviewing Nordea is its Nordic corporate bank active in shipping and offshore finance. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

Before outreach, prepare the amount, purpose, tenor and core credit documents so the relevant team can screen the transaction quickly.

#7

KfW IPEX-Bank

KfW IPEX-Bank belongs on this list through its specialist international project and export financier with maritime expertise. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

Current appetite can change, so historical market activity should be treated as a screening signal rather than a commitment to fund a new deal.

#8

Macquarie

Macquarie is included for its global asset financier active across transportation and infrastructure. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

For a live mandate, identify the product desk and likely booking entity before sending a full data room.

#9

ABN AMRO

ABN AMRO is a credible candidate because of its Dutch corporate banking with asset and sector expertise. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

A concise first approach should disclose the principal risks rather than trying to market around them.

#10

ING

For borrowers building an institutional shortlist, ING brings wholesale banking with trade, commodity and structured-finance expertise. A lender can like shipping generally and still decline a specific vessel because of age, employment profile or residual-value assumptions. For a Greece mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.

Before outreach, prepare the amount, purpose, tenor and core credit documents so the relevant team can screen the transaction quickly.

How to Compare the Offers

Compare margin, amortization, balloon, minimum liquidity, value covenants, charter restrictions, prepayment and security package. The same opening LTV can produce very different equity risk once amortization and valuation triggers are modeled.

What Matters in Greece

A Greece shipping mandate should lead with the vessel or fleet, ownership SPV, technical manager, age, flag, charter profile, valuation, debt request and repayment case. Vessel finance is asset-heavy, but lender decisions are still driven by sponsor quality and cycle risk.

How to Run the Lender Process

  1. Define the requirement. State amount, use of proceeds, tenor, currency, collateral or asset and required closing date.
  2. Prepare the credit file. Provide financials, ownership, transaction documents, collateral information and a realistic downside case.
  3. Shortlist by mandate fit. Approach providers that actually finance the asset, sector and geography rather than distributing indiscriminately.
  4. Normalize term sheets. Compare proceeds, fees, covenants, amortization, recourse, reserves and prepayment on the same basis.
  5. Drive diligence to closing. Manage legal, KYC, valuation, collateral and credit conditions after the initial term sheet.

Need a Targeted Financing Process?

Financely can structure the transaction, prepare the lender case and run a targeted distribution process for qualifying mandates. We do not guarantee funding and do not present ourselves as the balance-sheet lender.

Request a Proposal

Frequently Asked Questions

What do ship finance lenders focus on?

Vessel value and age, charter profile, sponsor experience, leverage, technical management, flag and amortization are common considerations.

Can older vessels be financed?

Potentially. Appetite changes with age, type, emissions profile, charter coverage, sponsor quality and market value.

Is Financely a ship-owning bank?

No. Financely structures and places qualifying maritime finance mandates with third-party lenders.

Editorial disclosure: provider inclusion is based on recognizable market presence and relevance to the subject. External links are included for reader reference and do not imply partnership, endorsement, agency, committed capacity or guaranteed availability. Financely is an independent advisor and arranger. All financing remains subject to lender underwriting, KYC, AML, sanctions screening, documentation, market appetite and final approval.

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