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Banks use money held in accounts for activities including lending and investments. KiesZuiver therefore compares banks based on their ethical policies and known investments.

Organizations KiesZuiver raises concerns about

The points below come from KiesZuiver and the sources it cites.

ING

Concerns
  • $7.9 billion According to the data cited by KiesZuiver, ING provided $7.9 billion in loans and underwriting to companies involved in Israeli settlements.
  • $498 million According to the same source, ING also held $498 million in shares and bonds in these companies.
  • $321 million According to PAX, ING also provided $321 million in loans to Airbus, a producer involved in nuclear weapons systems.
  • €22 million KiesZuiver also reports that ING paid €22 million in profit tax in Russia in 2023.

Rabobank

Concerns
  • $1.6 billion According to the data cited by KiesZuiver, Rabobank provided a total of $1.6 billion in loans and underwriting to companies involved in Israeli settlements.

ABN AMRO

Concerns
  • $112 million According to the data cited by KiesZuiver, ABN AMRO provided $112 million in loans to companies involved in Israeli settlements.
  • $119 million According to the same data, ABN AMRO also held $119 million in shares and bonds in these companies.

Alternatives named by KiesZuiver

KiesZuiver assesses these organizations more favourably. ICPalestina has not investigated these assessments itself and cannot guarantee that an alternative is entirely ethical.

ASN Bank

Alternative
  • Switching service

KiesZuiver assesses ASN Bank positively for its ethical policy and reports no known controversial investments.

Triodos Bank

Alternative
  • Switching service

KiesZuiver assesses Triodos Bank positively for its ethical policy and reports no known controversial investments.

bunq

Alternative
  • Mobile app
  • Switching service

KiesZuiver assesses bunq positively on ethical policy and reports no known controversial investments.

Revolut

Alternative
  • Multiple currencies

KiesZuiver assesses Revolut positively on ethical policy and reports no known controversial investments.

SIFR

Alternative
  • Interest-free

KiesZuiver assesses SIFR positively on ethical policy and reports no known controversial investments.

Background and practical information

Switching banks is straightforward

Through the Dutch switching service, incoming and outgoing payments can be automatically redirected to the new current account for 13 months.

This information comes from KiesZuiver

The assessments, amounts and percentages on this page are taken from KiesZuiver. ICPalestina passes them on but has not investigated them itself. KiesZuiver's page has the full reasoning, the sources and the current figures.

View information and sources at KiesZuiver (opens in a new window)