Giant Austrian Bank Shuts Down BDS Account

A tourist photographs a sign painted on a wall in the West Bank biblical town of Bethlehem on June 5, 2015, calling to boycott Israeli products coming from Jewish settlements. The international BDS (boycott, divestment and sanctions) campaign, that pushes for a ban on Israeli products, aims to exert political …

The Jerusalem Post reports: NEW YORK – One of Austria’s  largest companies – the Erste Group – closed a bank account held by BDS Austria.

The Vienna-based BDS Austria announced on Friday on its website and Facebook pages: “bank account of BDS Austria closed by bank as a result of political pressure…

We therefore are obliged to cancel the account and until further notice will not have any bank account.”

 The Jerusalem Post investigative series on the shadowy world of Israel-boycott funding and terrorism finance transactions revealed the Erste Group bank account with BDS Austria in late March.

The BDS campaign targets the Jewish state with economic pressure to advance Palestinian interests.

Post queries on Saturday to the Erste Group in Vienna and its New York City office were not immediately returned. Christian Hromatka, a spokesman for Erste Group, told the Post in March, “Our internal security measures are suitable to employ the appropriate measures in the event of irregularities or legal problems.”

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