EconomyConcerns grow over Palestinian economic crisis as Israeli banks prepare to cut ties
Two Israeli banks are expected to stop working with their Palestinian counterparts in the coming months, according to Israeli officials. They cite risks linked to possible terrorism financing and money laundering. The planned move is intensifying fears that the Palestinian economy could face a crisis. The banks’ decision would further strain financial links between Israeli and Palestinian institutions.
Concerns grow over Palestinian economic crisis as Israeli banks prepare to cut ties