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Evangelische Bank expands business with ESG launch (IPE)

Evangelische Bank expands business with ESG launch (IPE)

Germany’s Evangelische Bank is seeking to widen the range of its customers with the launch of a sustainable investing subsidiary.

The bank, which has so far primarily serviced institutions linked to Germany’s protestant churches, has set up EB – Sustainable Investment Management (EB-SIM).

In a statement announcing the launch, the Evangelische Bank cited its 30-year track record of integrating sustainability criteria into its investments.

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