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Norway fund's ethics body reviews Israeli bank stakes over West...

The ethics watchdog for Norway's $1.9 trillion wealth fund is reviewing Israeli banks' practices of underwriting Israeli settlers' housebuilding commitments in the occupied West Bank, potentially leading to divestments of up to $500 million. The Council on Ethics is examining how Israeli banks offer guarantees to protect settlers' money if the company building their home in the West Bank fails.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14775661/Norway-funds-ethics-body-reviews-Israeli-bank-stakes-West-Bank-settler-loans.html
Source Id: 8707133176

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