CADU - Bank Watch: How Clean is Your Bank?

Bank Watch: How Clean is Your Bank?

After success in Britain in getting the Church of England to disinvest in arms companies, Belgian activists are taking the campaign one step further. They are now turning their attention to the banks.

They have produced two reports showing how the five most prominent international bank groups in Belgium are using their clients' money to invest in the arms industry. People were shocked to learn that their cash was going into the production of some very controversial weapons, such as depleted uranium munitions and cluster bombs.
This looks like a campaign that may have considerable scope for imitation here. The only bank we know is not investing in the arms trade is the Co-operative Bank. Why not check out your own bank, asking them to declare whether they have interests in weapons manufacturers or traders? We would be very happy to put the results of your findings on our website.

You can see the results of the Belgian campaign at:
http://www.netwerk-vlaanderen.be/actie/dossierwapensengelsdef.pdf

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Page last updated: 6th December 2002