HSBC is a major shareholder in companies selling weapons and military technology to Israel and also provides those companies with the loans they need to operate. There is clear evidence that these companies are contributing to human rights violations against Palestinians and to Israel’s illegal occupation.
In a move though cheered by BDS (Boycott, Diestment Sanctions) supporters, the London-based international financial giant bank said it will divest from Israeli defense contractor Elbit. followng immense pressure following 24,000 petitioners emailing the bank while monthly protests were held outside more than 40 branches.
The mammoth effort involved co-ordination between War on Want, the Palestine Solidarity Campaign (PSC) and the Campaign Against the Arms Trade (Caat).
But the campaign continues HSBC are continuing all of their operations, including banking, in Israel, and have stated that they reject boycotts of Israel so now we must ask the they must cut ties with ALL companies that proft from the violent repession of the Palestinian people. The bank is still a major shareholder in companies supplying weapons to Israel, including Caterpillar Inc., which sells bulldozers to the Israeli military. These bulldozers are used to destroy Palestinian homes and infrastructure. Other equipment provided by Caterpillar is used to construct apartheid walls and build illegal settlements on occupied Palestinian territory.
We can’t allow banks on our high streets to continue lending support to Israel’s militarised repression of Palestinians. Together, we can break the chain of complicity. It isn’t just Israel that acts with impunity. Banks, ministers and even councils are accustomed to doing what they please regardless of what we think. Every occasion when we force them to stop and listen through people power is a win for our democractic values.
Take action https://palestinecampaign.eaction.online/HSBC-End-your-complicity?fbclid=IwAR1iGbKA4bzJWr85aSeU4221hBxG99r-hKEY6qzQXiVYMUoYJ6bR0C-RmJY
