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Israel/Palestine: Israeli Banks Supporting Settlements

Omar Shakir, director for Human Rights Watch in Israel-Palestine discusses an investigative report on the illegal role of International and Israeli banks in the West Bank Omar Shakir, director for.

Israel/Palestine: Israeli Banks Supporting Settlements. In doing so, these banks violate their international law responsibilities to avoid contributing to human rights and other abuses, including unlawful land seizures, discrimination against Palestinians, and de facto annexation of the West Bank by Israel.

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Signs so far from the Trump Administration on Israeli-Palestinian. And on Tuesday, Netanyahu confirmed that the annexation of West Bank settlements. supporting the decisions of the right-wing government in Israel to.

While Israeli law does require banks to open accounts for qualifying settlement businesses and institutions that apply and requires some service provision to settlers inside bank branches, Human Rights Watch found no domestic law obligating them to provide many of the services they provide inside and to settlements, including providing financing and mortgage loans that facilitate building homes for Israelis, on land unlawfully seized from Palestinians and off-limits to them.

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Human Rights Watch has published a report today highlighting the role of Israeli banks in supporting Israeli settlements, noting that Israel’s largest banks are not required by domestic law to provide many of the services and financing that help support, maintain, and expand unlawful settlements in the occupied west bank.

The West Bank is now home to more than 200 Israeli settlements, of which at least 125 settlements are officially recognised by the Israeli government; and another 100 of which were built without.

 · When it comes to Israeli settlements, the state turns a blind eye and offers support and retroactive approval, all as part of an overarching policy to de facto annex parts of the West Bank to Israel’s sovereign territory.

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Israel approves Palestinian construction in West Bank. The israeli cabinet approved a proposal to build over 700 housing units for Palestinians in and 6,000 Israeli settlement units in the West Bank

While Israeli law does require banks to open accounts for qualifying settlement businesses and institutions that apply and requires some service provision to settlers inside bank branches, Human Rights Watch found no domestic law obligating them to provide many of the services they provide inside and to settlements, including providing financing and mortgage loans that facilitate building homes for Israelis, on land unlawfully seized from Palestinians and off-limits to them.