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Company Response

13 Dec 2005

Author:
Deutsche Bank

Deutsche Bank statement in response to concerns raised about loan to Sonangol (Angola’s state oil company)

...we consider human rights and sustainable aspects through our sustainability management system and, in specific cases of lending decisions, we carry out a comprehensive sustainable risk assessment...Calyon's statement has been agreed between all members of the banking group. Thus, Deutsche Bank refers to Calyon's statement which has been submitted to you by November 15th.

Part of the following timelines

Oil-rich Angola seeks fruits of peace [full article is subscription only]

Table indicating which banks have responded to concerns raised about loan to Sonangol (Angola’s state oil company)