Nordea offloads Belarusian government bonds after taking criticism

The Nordic financial group, which previously defended its investment in Belarusian sovereign debt, is now opting to divest its holdings.

Belarussian President Aleksandr Lukasjenko – also known as Europe's las dictator. | Photo: Scanpix

Following debate on the defensibility of investing in state bonds issued by a country with an oppressive regime such as Belarus, Nordea is now starting to sell off its holdings of the nation's sovereign debt worth an aggregated sum of DKK 186m (EUR 25m), reports Danish daily Berlingske.

The debate emanates from Belarusian President Aleksandr Lukasjenko being strongly criticized for having perpetrated systematic violence and electoral fraud.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

After two years of preparation: Robur launches dark green prestige fund

Sweden's largest fund manager is launching a climate impact fund with Swedbank's insurance unit as anchor investor. "We've had some great interest from larger investors and are in close contact with several potential investors that have expressed an interest," the new fund's portfolio manager tells AMWatch.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch