Offshore

Nordic banks halve lending to oil and gas

Since the oil price collapsed in 2014, major Nordic banks DNB and Nordea have strongly reduced their lending to the oil and gas sector.
Photo: Finn Frandsen/Politiken/Ritzau Scanpix
Photo: Finn Frandsen/Politiken/Ritzau Scanpix
by SØREN PICO

In six years, lending to the oil and gas sector has been heavily reduced at major Nordic banks DNB and Nordea.

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