Independent investment bank Jool Markets reported a strong set of results for 2017. Turnover was up 25 percent and the Swedish bank is now ready to step up its efforts in the green bonds market. Right now, Jool Markets is in the process of entering the partner programme Climate Bonds Initiative (CBI).
Jool Markets' main focus is the structuring and placement of financial products, such as corporate bonds in Scandinavia. Typical transactions range from SEK 30 million to SEK 200 million (EUR 4 million to EUR 27 million). The bank initially launched in Sweden before establishing an office in Norway. It recently extended its activities to Denmark and Finland. In 2017, total transactions reached SEK 3 billion (EUR 400 million).
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