European Banks Curse Themselves By Boycotting Israel

European Union

The boycott of Israel is not being felt only in the field of agriculture. In the banking sector, for example, Denmark’s largest bank, Danske Bank, has announced a boycott of Bank Hapoalim due to the latter’s activities in the territories and its involvement in “violations of international law.”

Norwegian bank, Nordea, has demanded clarifications from Bank Leumi and Mizrahi-Tefahot Bank on the scope of their activities in the settlements. Dutch pension fund PGGM has also announced that it will stop investing in Israel’s major banks because they are “funding construction in the territories.”

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