Barclays is known to fund arms.
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Alternative banks to Barclays which you can consider
Not all banks fund arms companies. We've discovered several that don't, which you can consider for your banking needs.
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Details
- Barclays holds, by far, the largest amount of shares in the global arms sector, with £7.3 billion invested in total.
- The bank ranks amongst the top 10 largest investors in US arms companies.
- Barclays serves as principal banker for three arms companies: VT Group, Cobham and Meggitt.
- They have been part of 50 syndicated loans to the arms sector over the last 10 years.
- The arms companies Barclays have been bankrolling are directly being used on innocent Palestinians.
At nama, we're strongly encouraging people to re-consider who they bank with. With Barclays funding arms through investments and/or loans, it's time to hold them to account by not letting them profit or involve themselves with your money. Banks like Barclays have been involved in the murder of nearly 40,000 🇵🇸 Palestinians. It's time to act.
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