OBA comments on published story about costs of “ESG” legislation – Oklahoma Bankers Association

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OBA comments on published story about costs of “ESG” legislation – Oklahoma Bankers Association

The Oklahoman published a story today about the negative impacts from the State of Oklahoma banning government entities from doing business with certain financial institutions, and highlighted facts unsurprising to the Oklahoma Bankers Association and its member banks. The ban, which is on financial institutions that supposedly “boycott” oil and gas companies, will reportedly already cost one Oklahoma community more than $1 million because of hi…