Nordea announces "full exit" from offshore oil industry
Major bank Nordea announced during its capital markets day that the bank will fully exit offshore and its lending exposure of around one billion euros to the sector. "You should expect this to be done well before 2025," says the bank’s head of large corporates.
BY MALTE OXVIG, SØREN PICO & DANIEL LOGAN, TRANSLATED BY JONAS SAHL HOLLÆNDER
Major Nordic bank Nordea has announced a "full exit" from the offshore oil industry.
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