Full coverage· Security· Updated
Israeli Banks Fear International Sanctions Over Settlement Funding
Israeli banks are worried about international sanctions, particularly from the UK, over their financing of settlements in the occupied West Bank. A report by the Union of Banks in Israel warns of potential inclusion in upcoming British sanctions targeting settlement expansion.
2 newsrooms · 2 languages · since
Plus
What happened
- 01Israeli banks fear international sanctions over their financing of West Bank settlement projects.
- 02A British sanctions regime may target financial institutions involved in settlement expansion.
- 03Concerns are particularly high regarding financing for construction tenders in the E1 settlement area.
- 04The Bank of Israel is coordinating with commercial banks to address potential sanctions.
- 05International bodies view the E1 settlement plan as a major obstacle to a Palestinian state.
Concerns are heightened by tenders for the E1 settlement plan, which international bodies view as a critical obstacle to a Palestinian state. The Bank of Israel is also engaged with commercial banks to manage potential repercussions, though it currently views the matter as primarily political.
The coverage
2 newsrooms on this story
Who covered it
- Left1
- CentreNone
- RightNone
- HarediNone
- Arab1
