Israeli banks under fire for soaring profits amid Gaza genocide – Middle East Monitor

Israel’s largest banks are facing public outrage for posting record profits during a genocide in Gaza. Banks have come under sharp criticism over the financial windfalls as emblematic of a system profiting from war, occupation and mass killing. In response, the banks are now scrambling to deflect anger with modest “relief initiatives” that many see as little more than PR manoeuvres.

The controversy centres on Israel’s five largest banks — Bank Leumi,…