doc58. British Banks and South Africa

This report provided a comprehensive analysis of the involvement of British banks in South Africa in the 1970s. It concluded that the banks’ operations did more to sustain apartheid than to erode it. It recommended that British banks should terminate export credits and halt loans to South Africa, and called for a debate on the issue within the British churches. Christian Concern for Southern Africa (CCSA) was set up in 1972 to research and publicise the role played by British companies in South Africa. Its reports were widely distributed by the AAM.