The Belgian-French financial group Dexia has announced it will no longer finance Israeli settlements in the Occupied Palestinian Territories through its Israeli branch, Dexia Israel. This is the result of a months-long campaign in Belgium, supported by non-governmental organizations, political parties, local authorities, trade unions and other organizations. Dexia's management has stated that financing Israeli settlements is indeed against the bank's code of ethics and thusly, it will stop giving loans for this activity.
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