abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

12 Jan 2021

Author:
Professional Union of Belarusians in Britain (PUBB)

Letter: Belarusian Government Bonds - corporate and social responsibility of Barclays

...We are Belarusian professionals working in Britain. We write to draw your attention to the ongoing human rights violations in Belarus and to make several requests for actions by Barclays in relation to its engagement with Belarus.

We strongly urge Barclays:

  1. terminate secondary market trading of Belarusian sovereign bonds and inform all your counterparts and investors about your decision;
  2. terminate all lending, including export financing, to state-owned banks and state-owned companies in Belarus.

On 25 June 2020, the London Stock Exchange announced listing of dual tranche benchmark Eurobonds issued by the Belarusian government raising USD 1.25 billion. As a result, Lukashenko’s regime got access to funds and the additional financial strength to enable violent suppression of peaceful demonstrations, limit free speech and falsification of the election results on 9 August 2020...

Timeline

Privacy information

This site uses cookies and other web storage technologies. You can set your privacy choices below. Changes will take effect immediately.

For more information on our use of web storage, please refer to our Data Usage and Cookies Policy

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Your privacy choices for this site

This site uses cookies and other web storage technologies to enhance your experience beyond necessary core functionality.