editor in the economy.F. A. Z.
Currently, Deutsche Bank has, according to its annual report, in 2019, around 8.4 billion euros, or 2 percent of its total loans to companies in the Oil and gas industry will be awarded.
now, the Bank will Finance now Fracking projects in countries with extreme scarcity of water, new Oil and Gas projects in the Arctic and new oil Sands projects. Energy companies, which are measured in terms of the existing energy production capacity or the actual power generation to more than 50 percent dependent on coal, wants to support the German Bank only if a credible diversification plans.
Until the end of this year you want to review your customer relationships in Europe and the United States, then in Asia in 2022. The environmental and human rights organisation Urgewald, said the plans were a good start, but went far enough. Deutsche Bank-'m falling behind their competitors.Updated Date: 27 July 2020, 20:19