Banca Etica is a cooperative bank operating in Italy and Spain. Banca Etica has more than 45,000 members including private individuals and organisations, who are shareholders of the bank. 

Article 5 of Banca Etica’s founding charter states: “Any and all Financial relations with the economic activities that, even in an indirect manner, inhibit the human development and contribute to fundamental human rights violations are excluded”. Banca Etica’s financing policy excludes entire industries including the arms sector. This means that Banca Etica does not finance nuclear weapon producers or companies that are involved in nuclear weapons in any way.

The Fondazione Finanza Etica (Cultural Foundation of Banca Etica), is part of the Italian network for disarmament (Rete Italiana Disarmo) and actively involved in issues exploring the links between arms and finance.