The Danske bank of Denmark announced they plan to boycott Bank HoPoalim for its involvement in settlement construction.
They recently pulled their investments from Israeli real estate giants Africa-Israel and Danya Cebus.
It turns out that the Danish Embassy has an active bank account at Bank HaPoalim, and they have no intention of closing it down.
The Danish embassy said that the decision of Danske bank is a private one, and the government of Denmark has no say over their decisions.
It’s seems worthwhile to point out that Danske bank not only were not doing business with Bank HaPoalim prior to their announced “boycott”, but they don’t have any investments with any other Israeli bank either.
One might begin to suspect that settlements have nothing to do with their decision to not work with any Israeli banks.
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