Norways largest bank just pulled its assets from the North Dakota pipeline

Source: U.S. Uncut (Green Peace Press Release)

Greenpeace just released a press release revealing that DNB – the largest bank in Norway – just sold all of its assets in the Dakota Access pipeline.

“The news follows the delivery of 120,000 signatures from Greenpeace Norway and others to DNB urging the bank and other financial institutions to pull finances for the project,” the press release said.

DNB has also said recently that it is considering backing out of its loan to DAPL, which adds up to around 10% of its funding.

“It is great that DNB has sold its assets in the disputed pipeline, and it is a clear signal that it is important that people speak out when injustice is committed,” said Greenpeace Norway Sustainable Finance Campaigner Martin Norman. “We now expect DNB to also terminate its loans for the project immediately.”

Read more: http://usuncut.com/news/norways-largest-bank-just-pulled-assets-north-dakota-pipeline/