Loans to Israeli Settlers Break International Law, HRW Says
- Human Rights Watch: loans to West Bank projects should stop
- Israeli banks lack legal basis to finance settlements, it says
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Human Rights Watch called on Israeli banks to halt the financing of settlement activity in the West Bank, arguing that the legal justification they use for doing business there isn’t valid.
Israel’s five biggest banks, led by Bank Hapoalim Ltd. and Bank Leumi Le-Israel Ltd., are contributing “to serious human rights and international humanitarian law abuses” by financing construction in the settlements, the New York-based group said in a report published on Wednesday.