Money from Basque banks to shrewd companies (2011-15)
Caja Rural 16.472.208 €
A: Indra, Maxam, Oesia.
Crédit agricole 4,634,369 €
A: Indra, Navantia, Airbus, Finmeccanica, Babcock&Wilcox, BAE systems, Thales, Serco, Boeing, Lockheed Martin, Raytheon, Safran, Fluor, Larsen & Toubro, Bechtel.
Kutxabank 2,733,850 €
A: Indra, Sener.
The financing of arms companies is key to the production of weapons. The average debt ratio of the Spanish state-owned shellfish companies is 73%, similar to that of other industries. This means that three out of four wardrobes would not be able to do so if it wasn't because the weaponry was funded by banks and other institutions. If the citizen wants to make sure that his money is not going to be used to make weapons, ethical banks are the only ones that guarantee it.
Source: Report The banks involved in arms of the Delàs Centre.
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