Jump to Main ContentJump to Primary Navigation

Multi-billion European funders consider divesting from Israel

    European investors worth a combined $490 billion are reviewing their holdings in Israeli banks over concerns they are being used to fund Israeli settlements.

    Pension funds ABP and KLP and fund houses Nordea Investment and DNB have requested more information from the banks about their involvement in financing settlements.

    A spokesperson for KLP said: “Dilemmas linked to financing [of Israeli settlements] will be discussed at KLP.”

    European governments and the EU have repeatedly expressed their concern that the continued expansion and development of West Bank settlements will torpedo the peace process.

    Two weeks ago, the second-largest Dutch pension fund PGGM became the first big investor to pull its funds from five large Israeli banks.

    A spokesperson for PGGM said: “Given the day-to-day reality and domestic legal framework they operate in, the banks have limited to no possibilities to end their involvement in the financing of settlements in occupied Palestinian territories.

    “Therefore it was concluded that engagement as a tool to bring about change will not be effective in this case.”

Israel

Concerns raised about Israel's anti-boycott law

Orlando Radice

Thursday, March 9, 2017

Concerns raised about Israel's anti-boycott law
World

Netanyahu invited to meet Abbas in Paris

Rosa Doherty

Wednesday, December 7, 2016

Netanyahu invited to meet Abbas in Paris
Uk News

UJS presidential candidate abused for pro-BDS s...

Daniel Sugarman

UJS presidential candidate abused for pro-BDS s...
World

Trump to crackdown on Iran and its "terrorist minions", says Pence

JC Reporter

Sunday, February 26, 2017

Trump to crackdown on Iran and its "terrorist minions", says Pence
World

'Jews should pay for their own security' say Swiss

Daniel Sugarman

Sunday, December 4, 2016

'Jews should pay for their own security' say Swiss
Uk News

Taking the lead, the legal experts who are show...

Daniel Sugarman

Taking the lead, the legal experts who are show...
Comment

Settlement expansion is first step in new era

Anshel Pfeffer

Thursday, January 26, 2017

Settlement expansion is first step in new era
World

It's Chanucah Song time!

Michael Moran

Thursday, December 1, 2016

It's Chanucah Song time!
World

Will the Austrian election make Norbert Hofer E...

Sonia Zhuravlyova

Will the Austrian election make Norbert Hofer E...