In the next 12 months, we will disclose how we will align our lending to these sectors against the 1.5-degree scenario,” Chronican told shareholders on Friday.
As part of the plan, NAB would not directly finance any greenfield oil extraction project or onboard new customers predominantly focussed on oil extraction.
According to NAB’s managing director and CEO Ross McEwan, the bank was also working towards developing a carbon credits trading platform.“While removing and reducing carbon emissions is the primary objective, creating a transparent and liquid marketplace for voluntary carbon credits will play an important role in achieving net-zero emissions by 2050.
The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account.
Closed joint-stock company “Capital Com Bel” is regulated by National Bank of the Republic of Belarus, registered by Minsk city executive committee 19.03.2019 with company registration number 193225654.