Danske Financial institution is pouring oil on its funds – however not in Norway

Last updated: April 28, 2024 5:13 pm

Axmed 3 weeks ago

International Courant

Norwegian fund shoppers needed to maintain oil corporations, the financial institution’s personal analysis confirmed. Subsequently, the financial institution’s new fossil gasoline technique doesn’t apply to Norway.

Danske Financial institution’s Norwegian CEO Erlend Angelfoss is not going to present new loans to grease corporations that undertake new initiatives on the Norwegian continental shelf, however his asset managers will nonetheless be allowed to spend money on the identical corporations.Picture: Gunnar Lier