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Bank Clients in Sweden Face New Climate Hurdle to Get Credit

Bank Clients in Sweden Face New Climate Hurdle to Get Credit Bloomberg 2/2/2021 © Bloomberg A Swedbank AB branch at night in Riga, Latvia. (Bloomberg) A growing number of Swedish banks will start turning clients away if their businesses aren’t clean enough to justify new loans. Swedbank AB, Sweden’s biggest mortgage bank, just became the latest in the country to limit lending based on climate criteria. The Stockholm-based bank won’t provide fresh credit for new oil and gas projects. Nor will it provide funds to enable production in the Arctic. Jens Henriksson, Swedbank’s chief executive officer, said the goal is to “give advice” to clients to avoid arriving at a stalemate that shuts them off altogether. The bank remains open to lending “to those who want to transform into a carbon dioxide-neutral world,” he said in an interview.

Čas, ko so bile glavni vojni plen umetnine, bolj kot vladanje pa je cesarja zanimala umetnost

Čas, ko so bile glavni vojni plen umetnine, bolj kot vladanje pa je cesarja zanimala umetnost
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