MARKETS

Banks don't budge on exposure caps despite energy crisis

Lenders cut finance during COVID, but cash not returning immediately.

Banks are still transitioning despite the urgent need for oil and gas financing. https://unsplash.com/photos/41J9-JTIP-c?utm_source=unsplash&utm_medium=referral&utm_content=creditShareLink

On Wednesday, National Australia Bank reiterated its decision to impose a cap on EAD to the oil and gas sector as it closed its first ESG-linked Foreign Exchange derivative with a London-listed company...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.