One Financial Institution currently invests or makes available an estimated USD$ 85.5 million in nuclear weapons companies.

Danske Bank

Danske Bank currently has an estimated USD$ 85.60 million invested or available for the nuclear weapons producers identified in this report.


In March 2011, Honeywell International secured a five-year revolving credit facility with a value of US$ 2,800 million. The proceeds were used for general corporate purposes. Danske Bank participated in the 29 bank syndicate, committing an amount of US$ 50 million.[i]

In September 2012, Northrop Grumman secured a US$ 500 million revolving credit facility due September 2013 at a base rate of LIBOR+75.000bps. The proceeds were used for refinancing bank debt and general corporate purposes. Danske Bank participated in the 27 bank syndicate, committing an estimated amount of US$ 12.5 million.[ii]


[i]       Honeywell International, “Five “Year Credit Agreement”, Honeywell International, 31 March 2011; Thomson ONE Banker, “Tearsheet 2706948115”, Thomson ONE Banker (, 31 March 2011; Bloomberg Database, “Loan finder”, Bloomberg Database, viewed November 2011.

[ii]       Thomson ONE Banker, “Tearsheet 2886058116Thomson ONE Banker (, 04 September 2012.

This page contains country specific information from the 2013 Don’t Bank on the Bomb report. It identifies which financial institutions have significant financing relationships with one or more of the 27 nuclear weapons producers.

The financial institutions identified include banks, pension funds, sovereign wealth funds, insurance companies and asset managers. They have provided various types of financial services to nuclear weapon companies. The most important are loans, investment banking and asset management.

All sources of financing provided since 1 January 2010 to the companies listed were analysed from annual reports, financial databases and other sources. The financial institutions which are most significantly involved in the financing of one or more nuclear weapon companies are shown here. See the full report for both a summary and full description of all financial institutions which are found to have the most significant financing relationships with one or more of the selected nuclear weapon companies, by means of participating in bank loans, by underwriting share or bond issues and/or by share- or bondholdings (above a threshold of 0.5% of all outstanding shares or bonds).