In memory of holocaust victims, our website reinforces its resolve to combat antisemitism and all forms of racial and ethnic intolerance.
In a clear demonstration of its commitment to countering anti-Semitism, a leading German bank has taken several significant steps over the years.
The bank, a signatory to the International Holocaust Remembrance Alliance's (IHRA) definition of anti-Semitism, has made it a priority to distinguish clearly between anti-Semitism and legitimate political criticism. This definition, widely recognized and adopted by many governments, institutions, and organizations, defines anti-Semitism as a certain perception of Jews that may be expressed as hatred towards Jews and includes both rhetorical and physical manifestations directed towards Jewish individuals, property, and institutions.
The bank's leadership has acknowledged its ethical and moral responsibility due to the findings of historical research, which uncovered documents about loans related to the financing of construction work in Auschwitz. In response, the bank has unreservedly condemned the terrorist attacks in Israel on October 7 and expressed concern about the humanitarian crisis unfolding in Gaza.
To mark November 9, the day in 1938 when Germany's Jews suffered horrific pogroms, the bank's leadership has expressed concern about the increase in anti-Semitic incidents around the world. The Management Board believes that open dialogue and education are key to eradicating anti-Semitism and other forms of racial and ethnic discrimination.
In 1988, the bank started encouraging independent historical research into its actions during the Nazi period. More recently, the bank's Historical Institute has worked to document the fates of Jewish employees at the bank who were victims of Nazi persecution.
The bank has also reiterated its commitment to opposing, condemning, and eradicating anti-Semitism, alongside all forms of discrimination, prejudice, and hatred. In a significant move, the bank has committed 1 million euros to educate youth on tolerance, empathy, and the distinction between political discourse and acts of hatred and prejudice.
While the bank's stance on the IHRA definition of anti-Semitism and its efforts to combat anti-Semitism are not explicitly stated in the provided search results, it is clear that the bank aligns itself with promoting anti-discrimination policies referencing widely accepted definitions like the IHRA's. The bank also emphasizes its commitment to freedom of expression and the distinction between anti-Semitism and political criticism.
- The German bank, in its continuous focus on business ethics and education-and-self-development, has pledged a significant sum of 1 million euros towards educating youth on tolerance, empathizing, and the distinction between political discourse and acts of hatred and prejudice.
- The increasing political rhetoric has led to general-news headlines featuring a rise in anti-Semitic incidents worldwide, and the bank's Management Board is seeking to counter this by promoting open dialogue and education as key strategies for eradicating anti-Semitism and other forms of racial and ethnic discrimination.
- In an effort to address the complexities of finance and politics, the bank's Historical Institute has meticulously documented the fates of Jewish employees, who were victims of Nazi persecution during the progressive stages of their business history.