Revealed: How a German-US corporate giant became the world’s largest foreign financier of Israel’s wars

Middle East Eye · June 19, 2026 War

Revealed: How a German-US corporate giant became the world’s largest foreign financier of Israel’s wars Submitted by Sebastian Shehadi on Thu, 06/18/2026 - 12:02 Munich-based Allianz and California subsidiary have amassed at least $2. 67bn in Israeli government bonds since 2024 An Israeli soldier during a West Bank raid in December 2025. Israeli government bond sales have helped fund the country's wars (Zain Jaafar/AFP) Off At the height of Israel 's military campaign in Gaza , one company became the single largest foreign financier of the Israeli state – holding more in Israeli government bonds than the US , the UK , France and every other country put together.

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