Social economy

September 20, 2018 | Benjamin Weinthal |

German state parliament bans BDS while anti-Israel bank defies resolution

The parliament of Germany’s most populous state North Rhine-Westphalia slammed the Boycott, Divestment and Sanctions campaign targeting the Jewish state as ...

September 17, 2018 | Benjamin Weinthal |

Prominent German Jews want JNF to close account with BDS-enabling bank

The German branch of the Jewish National Fund has been swept up in a widening antisemitism scandal because it won’t immediately close its account with the Bank for Social Economy that enabl...

September 6, 2018 | Benjamin Weinthal

German Bank Shuts Account of Group Sympathetic to Palestinian Terrorists

The German bank Sparkasse last week closed the account of the International Alliance – an organization that  sympathizes with the Popular Front for the Liberation of Palestine (PFLP) t...

August 27, 2018 | Benjamin Weinthal |

German Bank’s Anti-Semitism Leads United Israel Appeal to Shut Account

The German branch of the Keren Hayesod-United Israel Appeal – the prominent Israeli public fund-raising global organization to advance the security of the Jewish state – has closed it...

August 16, 2018 | Benjamin Weinthal |

Top German Social Democrat Urges Bank to End Israel Boycott Support

Michaela Engelmeier, a member of the executive board of the Social Democratic Party of Germany, demanded that the Bank for Social Economy stop providing accounts to groups that support the Boycot...

July 26, 2018 | Benjamin Weinthal |

Jewish National fund slated to end business with German bank enabling BDS

The German branch of the Jewish National Fund told The Jerusalem Post that it will close its account with the Bank for Social Economy if the financial institution refuses to en...

July 16, 2018 | Benjamin Weinthal |

U.S. Senators urge German bank to stop enabling antisemitic BDS campaign

Two powerful US Republican senators, both of whom ran significant campaigns for the presidency of America in 2016, weighed in on Thursday against a German bank for aiding the Boycott, Divestment...

May 29, 2018 | Benjamin Weinthal |

German Jewish shareholders call for probe into bank’s BDS-linked accounts

The Central Welfare Board of Jews in Germany – a part owner of the Cologne-based Bank for Social Economy – wants the bank to open a new investigation into its alleged support of the b...

April 30, 2018 | Benjamin Weinthal |

Exclusive: German Jewish owner of bank demands bank stop enabling BDS

The Central Welfare Board of Jews in Germany – a part owner of the Cologne-based Bank for Social Economy – called on its management to end all business relations with groups that supp...

April 23, 2018 | Benjamin Weinthal |

German LGBT group closes bank account to protest BDS activity

The Magnus Hirschfeld Foundation – named after a gay German-Jewish scientist who was persecuted by the Nazis – has terminated its account with the Bank for Social Economy over the fin...

February 26, 2018 | Benjamin Weinthal |

Wiesenthal Calls for Jewish NGOs to End Business with German Pro-BDS Bank

The Simon Wiesenthal Center issued an urgent appeal last week to Jewish organizations to terminate their business relations with Germany’s top financial enabler of Israeli boycott activitie...

February 14, 2018 | Benjamin Weinthal |

German Bank Enables Pro-BDS NGO that Supports IDF Deserters

A German bank has been catapulted into an anti-Israel scandal because it provides an account to an NGO that supports Israelis who desert from or refuse to serve in the IDF. The Jerusalem...

February 5, 2018 | Benjamin Weinthal |

Israel Urges German Bank to Stop Enabling ‘Antisemitic BDS Movement’

Minister Gilad Erdan demanded that a German bank close an account that enables an anti-Zionist organization to raise funds to boycott the Jewish state and spread antisemitism. “As...

November 17, 2016 | Benjamin Weinthal |

German Jewish NGOs urge bank to close BDS account

Germany's largest local Jewish community in Berlin called for the Bank für Sozialwirtschaft (Bank for Social Economy) on Monday to shut down an account held by the bank with a hardcore...

November 17, 2016 | Benjamin Weinthal |

German Jewish NGOs urge bank to close BDS account

Germany's largest local Jewish community in Berlin called for the Bank für Sozialwirtschaft (Bank for Social Economy) on Monday to shut down an account held by the bank with a hardcore...

October 4, 2016 | Benjamin Weinthal |

Bank of Ireland shuts down anti-Israel BDS accounts

The Bank of Ireland- the country’s oldest financial institution—shut down the accounts of the Ireland Palestine Solidarity Campaign (PSC). The termination of the pro-BDS group’s...