ING tightens restrictions on oil & gas lending

In:

Oil & gas

Region:

Europe

Dutch lender ING is further restricting access to finance for some oil and gas companies and from 2026 could drop clients that fail to align with its plans to be net zero.As the Netherlands' biggest financier of oil and gas, with outstanding loans of €17.1 billion ($19.03 billion) in 2023,...

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