Tag Archive for German Bank

| November 27, 2016
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#BDSfail: Another German bank terminates anti-Israel BDS bank account

 

Many large European banks have this year initiated broad internal checks that lead to the closure of accounts that may include financing terrorism and/or antisemitism.

By BENJAMIN WEINTHAL

 

The Bank für Sozialwirtschaft (Bank for Social Economy) has closed the account of a German group that promotes the Boycott, Divestment and Sanctions movement against the Jewish state.

The Cologne-based bank notified the anti-Israel NGO Jewish Voice for a Just Peace in the Middle East that its account will be shut down by the end of the year, according to an article that appeared on the anti-Zionist website Der Semit on Thursday. Continue Reading »

Category: The Diaspora | Tags: , , ,
| June 15, 2016
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#BDSfail: Germany’s second largest bank shuts down anti-Israel BDS account

 

Israel’s Security Minister Erdan urges European banks to follow Germany’s closure of the anti-Israel account because of BDS activity, which is believed to be the 1st German bank taking such action to stop the movement.

By BENJAMIN WEINTHAL

 

BERLIN – in the latest of a series of similar account closures by international banks, German bank Commerzbank has shut down a boycott Israel account, the first action of its kind in that country, The Jerusalem Post has learned.

Visitors arrive to Commerzbank’s headquarters before the bank’s annual news conference in Frankfurt, Germany. – Photo: REUTERS

The account has been “dealt with” and the bank notified the account holder more than a month ago, a source told the Post. Continue Reading »

Category: Israel News | Tags: , ,