Dexia Israel stops financing Israeli settlements

Martijn Lauwens | ‘Israel colonises, Dexia finances’ Campaign

12 June 2009

The Belgian-French financial group Dexia has announced it will no longer finance Israeli settlements in the occupied Palestinian territories through its Israeli branch Dexia Israel. This is the result of a months-long campaign in Belgium, supported by NGO’s, political parties, local authorities, trade unions and other organisations. Dexia’s management states that financing Israeli settlements is indeed against the bank’s code of ethics and it will stop giving loans due to this.

A Belgian bank financing Israeli settlements

In 2001 Dexia Group buys the Israeli bank Otzar Hashilton Hamekomi and renames the … Continue reading