First Direct is known to fund arms.
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Alternative banks to First Direct which you can consider
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Details
- First Direct is owned by HSBC.
- HSBC holds shares in the global arms industry totalling £450.6 million.
- Serves as principal banker to two arms companies: BAE Systems and Meggitt.
- Has been part of 43 syndicated loans to the arms sector over the last 10 years worth £27.1 billion.
- The arms companies HSBC 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 First Direct 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 First Direct have been involved in the murder of nearly 40,000 🇵🇸 Palestinians. It's time to act.
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