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Keyword: israelbanks

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  • $20B United Methodist Church Pension Fund Blacklists Israel's 5 Largest Banks

    01/14/2016 8:30:08 AM PST · by SeekAndFind · 16 replies
    Christian Post ^ | 01/14/2016 | Leonardo Blair
    It further notes: "There are specific times, however, when we must recognize that a company is very unlikely -- or unable to -- discontinue activities in certain parts of the world that we have classified as 'high-risk.' When activities in high-risk countries and areas represent a significant part of a company's business, we will avoid investing until the company has changed its business practices. Avoiding such investments supports our commitment to sustainable investing, which we believe ultimately improves the performance of our investment funds." Israel-Palestine, North Korea and several African and Middle Eastern countries round out a list of 14...
  • U.S. Church Puts 5 Banks From Israel on a Blacklist [United Methodist]

    01/13/2016 4:09:14 AM PST · by SJackson · 43 replies
    NY Times ^ | JAN 12, 2016 | RICK GLADSTONE
    The pension board of the United Methodist Church -- one of the largest Protestant denominations in the United States, with more than seven million members -- has placed five Israeli banks on a list of companies that it will not invest in for human rights reasons, the board said in a statement on Tuesday. It appeared to be the first time that a pension fund of a large American church had taken such a step regarding the Israeli banks, which help finance settlement construction in what most of the world considers illegally occupied Palestinian territories. Wine being prepared for export...