Swedish bank SEB has revised its arms and defence policy to permit business with nuclear weapons companies as long as they are “headquartered” in a Nato country.
Announced this week, the updated policy means Sweden’s largest lender will allow business relationships with Nato-headquartered companies involved in the “development, testing, production, manufacturing, acquisition, possession or stockpiling of nuclear weapons”. Restrictions still apply to doing business with such companies outside the military alliance.
