DNB banker keeps faith in land based

THE world’s largest seafood bank DNB still has faith in the land based salmon farming segment, despite the recent setback in Denmark.

Anne Hvistendahl, global head of Seafood, DNB, told the recent North Atlantic Seafood Forum in Bergen that it had not lost hope in tis customer Atlantic Sapphire.

‘You don’t foresee that it can go like this as a company,’ said Hvistendahl. ‘It is early and it is risky. But we believe they will be successful.

‘Even though several attempts have gone wrong, we believe, that their technology will succeed.’

The DNB seafood boss said the bank, the first to offer finance for Atlantic Sapphire’s Miami operation, would certainly be funding more land based salmon farms worldwide.

‘We expect to do more land based farm loans. It might be in Japan or other countries, but it might also be in Norway,’ she said.