Climate warning

Sven Nilson

33 w

Swedbank

Climate warning

Swedbank – continue to finance companies looking for new oil and gas discoveries in the Norwegian part of the Arctic

43 new billion in two years. That's how much money big Swedish banks have pumped into companies looking for oil and gas in the Arctic. Three major banks in Sweden – SEB, Nordea and Swedbank – continue to finance companies looking for new oil and gas discoveries in the Norwegian part of the Arctic. In total, the banks have supported the oil companies with SEK 43 billion in new loans and financing services in the last two years, which is an increase of over 30 percent compared to the previous years. https://fairfinanceguide.se/senaste-nytt/2022/svenska-banker-i-arktis/ (Google translater)

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