The latest Don’t Bank on the Bomb report

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Don't bank on the bomb: a global report on the Financing of Nuclear Weapons Producers

The 2018 Don’t Bank on the Bomb Report found:

A total of USD 525 billion (an increase of USD 81 billion) was made available to the nuclear weapon producing companies, of which USD 110 billion came from just three companies: BlackRock, Vanguard and Capital Group.
329 banks, insurance companies, pension funds and asset managers from 24 countries invest significantly in nuclear weapons

The top 20 nuclear weapon producing companies stand to benefit the most from this increased nuclear threat, most of which have dedicated significant lobbying resources in Washington DC.

On a positive note, since the adoption of the UN Treaty on the Prohibition of Nuclear Weapons 30 companies have ceased investing in nuclear weapons.

Two of the top five largest pension funds in the world are divesting from nuclear weapons.

According to the Spain profile, currently in Spain the financial institutions involved in the financing of companies producing nuclear weapons are: BBVA, Bank Santander, Bank Sabadell, Advalor Movable Investments, Magallanes and the State Company of Industrial Participations.

Download the full report here.

Report "Worldwide investements in cluster munitions: A shared responsability" 2017

2017 worldwide investments cover135 0On monday 23th of may international organisation PAX, member of the international campaign Stop Explosive Investments -which Banca Armada campaign collaborates with- has launched the anual report “Worldwide investements in cluster munitions: A shared responsability”. As the report shows, investment in companies producing cluster bombs went up last year. This is in spite of the fact that many investors have decided to stop investing in the manufacture of the internationally banned weapon. 

In the past 4 years, 166 financial institutions from 14 countries invested US$ 31 billion in 6 cluster bomb producers. On the other hand, this year the number of institutions with policies excluding investments in cluster bomb producers grew to 88.

Download full report here.



La banca armada. Inversiones explosivas de bancos y cajas

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Informe núm. 11 del Centro de estudios por la paz JM Delàs: "La banca armada. Inversiones explosivas de bancos y cajas" (11th Report of the Centre Delàs For Peace and Justice Studies: "Armed Banks. Explosive investments by bank and savings and loans")

This study shows the scale of the involvement in financing the arms business reached by financial institutions which operate in Spain. Includes a ranking of the Spanish banks and their connections to the arms trade, at the top of the list BBVA and Banco Santander.

Author: Jordi Calvo Rufanges


Informe Don't bank on the bomb 2016

DontBankontheBomb report2016Don't bank on the bomb: a global report on the Financing of Nuclear Weapons Producers

Susi Snyder, Wilbert van der Zeijden, Diciembre de 2016. PAX, Profundo (the Netherlands)

Actualmente, un total de 390 instituciones financieras de todo el mundo invierten 498 mil millones de dólares (321mil millones de euros) en compañías involucradas en la producción, mantenimiento y modernización de armas nucleares.

Según el informe, actualmente en España las instituciones financieras involucradas en la financiación de empresas productoras de armas nucleares son: BBVA, Banco Santander, Banc Sabadell, Sociedad Estatal de Participaciones Industriales y Bestinver.


Banks Investements in Weapons

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Banks investements in weapons, is an update of the financing of nuclear weapons, cluster munitions and major arms companies in the Spanish military industry from 2011 up to 2016.

June 2016. Centre Delàs d'Estudis per la Pau, Spain.

This new report reveals the funding of 34 arms companies, including the most important in the world, and identifies the financial institutions that conform the 'Armed banking', which compiles 80,000 million euros financement of the arms industry between 2011 and 2016

Authors: Jordi Calvo Rufanges, Michelle Delgado and Ana Fraga


[Download here in spanish, catalan and english]