Fortis distributes ethical ABN note in Belgium and Luxembourg

News

Fortis is distributing its first ABN Amro product in Belgium and Luxembourg since its acquisition of the Dutch bank three months ago. The Eco-3 plus note is targeted at socially responsible investors, but environmentalists have criticised the note's ethical credentials.

The six-year note is linked to the performance of the ABN Amro Eco Index, which includes companies involved in the production of alternative energy, clean water, waste processing and carbon reduction. It is 100% capital-guaranteed

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