Israel Discount Bank Ltd.
DSCT
2
exclusion reasons
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Israel Discount Bank provides loans, credit, and banking services to regional and local councils of Israeli settlements in the occupied West Bank, as documented by the research organization Who Profits. These settlements are illegal under international law and are a central feature of the ongoing conflict in the occupied Palestinian territory. The bank’s financing of housing projects in these settlements directly supports the infrastructure of an active conflict zone.
The United Nations High Commissioner for Human Rights listed Israel Discount Bank in a 2020 report on companies involved in illegal settlement activities. The bank’s operations in these territories sustain and profit from the conditions of occupation and conflict, without providing an essential civilian service that would materially benefit the Palestinian population.
Israel Discount Bank Ltd. is one of Israel's largest banks. It finances the construction of housing projects in multiple illegal settlements in the occupied Palestinian territory and operates physical branches within these settlements. The United Nations Human Rights Council has listed the bank in its database of companies involved in activities related to Israeli settlements, which are considered illegal under international law. This activity materially supports the settlement enterprise, which perpetuates the occupation and violates the rights of Palestinians.
Research Sources
1 organization
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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