Revealed: The Spanish banks who have given Israel’s top arms manufacturers 3.8bn – as King and PM of Spain say ‘enough is enough’ [Video]

SPANISH banks have financed Israel’s arms suppliers to the tune of €3.8bn, it has emerged. 

According to a study by a Barcelona-based research institute, at least 12 banks made more than 4,000 financial operations between 2011 and 2024, with the majority taking place in the last five years. 

The operations invested or provided loans to seven arms manufacturers (five based in the US, one in Italy and two in Germany), which sell their weapons to Israel. 

READ MORE: Spain’s King Felipe VI calls for a ceasefire in Gaza and brands the deadly conflict ‘unacceptable’

The data was released by the Centro Delas de Estudios por la Paz (The Delas Study Centre for Peace), on October 2, just days before the one-year anniversary of Hamas’s attack on Israel on October 7 last year. 

The terror attack sparked a devastating and still ongoing response from Israel which has seen more than 42,000 Palestinians killed. 

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