Friday, November 27, 2009

UK Banks And Cluster Bombs

A report released by Cluster Munition Coalition members IKV Pax Christi (Netherlands) and Netwerk Vlaanderen (Belgium) has found that 138 financial institutions worldwide still provide over $20 billion to the producers of cluster bombs.

The report’s findings show that in the UK, 15 banks and financial institutions are investing in cluster bomb producers. Barclays, HSBC and the Royal Bank of Scotland, between them provide loans and investments to the tune of some £800 million. This means that some of the UK’s most prominent high street banks are providing some form of financial support to these shamefull and indiscriminate weapons.

So if you bank with Barcalys, HSBC or Royal Bank of Scotland email the chairman and ask them to change their policy. Better still bank with the Co-op Bank or its online sister Smile like we do, and tell the chairman why you've changed banks. You do have options to help change the world.