The least and most complicit banks
Our research assesses banks’ policies around financing military and weapons in general; evidence of financing companies supplying weapons to Israel; and evidence of financing companies linked to settlements. This is set out in the three tables below.
The companies that appear not to finance any settlement or weapons/military activity, and are therefore considered the least complicit or not at all complicit, are:
Al Rayan
Co-operative Bank
Cumberland Building Society
Metro Bank
Monzo
Nationwide Building Society
Revolut
Starling
Triodos
The most complicit banks
– which have recently financed companies involved in settlements and supply of weapons to the Israeli military, are:
Barclays
HSBC
JP Morgan Chase
Lloyds Group
NatWest Group
Santander Group
Explanation of our ratings
We assessed banks against three different policies and practices:
Policies around weapons/military beyond excluding the most controversial weapons (table 2)
Provides financing for weapons/military (table 3)
Finances companies linked to settlements (table 4)
For each of these aspects there were three ratings:
Least complicit (best): no involvement, or had a policy against financing
Middle: some involvement, company not mentioned in major investigative reports
Most complicity (worst): actively funds military involvement, no restrictions, listed in investigative reports
The least and most complicit banks
Our research assesses banks’ policies around financing military and weapons in general; evidence of financing companies supplying weapons to Israel; and evidence of financing companies linked to settlements. This is set out in the three tables below.
The companies that appear not to finance any settlement or weapons/military activity, and are therefore considered the least complicit or not at all complicit, are:
Al Rayan
Co-operative Bank
Cumberland Building Society
Metro Bank
Monzo
Nationwide Building Society
Revolut
Starling
Triodos
The most complicit banks
– which have recently financed companies involved in settlements and supply of weapons to the Israeli military, are:
Barclays
HSBC
JP Morgan Chase
Lloyds Group
NatWest Group
Santander Group
Explanation of our ratings
We assessed banks against three different policies and practices:
Policies around weapons/military beyond excluding the most controversial weapons (table 2)
Provides financing for weapons/military (table 3)
Finances companies linked to settlements (table 4)
For each of these aspects there were three ratings:
Least complicit (best): no involvement, or had a policy against financing
Middle: some involvement, company not mentioned in major investigative reports
Most complicity (worst): actively funds military involvement, no restrictions, listed in investigative reports
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