[Enclosed please find a brochure from the Campaign to Oppose Bank Loans to South Africa (COBLSA)]

U.S. Banks Finance Apartheid Is Your Money Used To Support Racism?
by Dumisani S. Kumalo, American Committee on Africa, Clergy and Laity Concerned, Campaign to Oppose Bank Loans to South Africa
New York, New York, United States
November 1979
Publisher: Campaign to Oppose Bank Loans to South Africa, American Committee on Africa, Clergy and Laity Concerned
7 pages
A brochure about the Campaign to Oppose Bank Loans to South Africa (COBLSA) describes the coalition working together, including U.S. church, trade union, student and other community organizations. There are similar movements in Canada and Europe. The Campaign is sponsored by Clergy and Laity Concerned (CALC) and the American Committee on Africa (ACOA). The brochure cover says U.S. Banks Finance Apartheid, Is Your Money Uses to Support Racism? The brochure lists approximately 125 U.S. banks, by state, that make loans to South Africa. U.S. banks have lent $3 billion to South Africa since 1972. In the past two years, opponents of these loans have withdrawn over $275 million from U.S. and Canadian banks that lend to South Africa. • Flight of Capital • What is Being Financed • Here Are the Big Lenders • Why Be Involved • What Can Be Done • Partial List of Withdrawals • Other Actions • Alternative Banks and Investments • Partial list of endorsers • Bank Campaign Affiliates
Used by permission of Africa Action (successor to the American Committee on Africa).
Collection: Africa Action Archive