Co-Op Bank Boycott
EDM number 1633 in 2007-08, proposed by David Drew on 22/05/2008.
Categorised under the topic of Financial institutions.
That this House congratulates the Co-operative Bank on its decision to forgo £10 million of loan applications from three businesses controlled by sovereign wealth funds whose sponsoring regimes it deemed unethical; and hopes that such a move will stimulate other financial institutions to consider their attitude towards such funds, to strike a real blow for human rights, transparency and freedom of operation.
This motion has been signed by a total of 55 MPs.
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